space! Bring Your Own Concept To This Fully Equipped Turn Ky Conroe, TX 77385
- Retail properties
- 1,200 SF
Current Use by Public Records
- Retail properties
Property Details for space! Bring Your Own Concept To This Fully Equipped Turn Ky
- Property size
- 1,200 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional 1,200-square-foot restaurant space in Conroe, Texas, presents a unique opportunity for immediate occupancy. Priced at $149,000, this turnkey establishment is located in Montgomery County (zip code 77385) on a busy street near a major grocery store, ensuring high visibility and foot traffic. The property features a fully equipped kitchen, including three 50-lb gas fryers, a four-burner stove, a 24-inch grill, a 36-inch charbroiler, a 12-foot vent hood, a 72-inch deep freezer, reach-in coolers and freezers, a three-compartment stainless steel sink, a dishwasher, a washing machine, and a 500-gallon grease trap. Additional equipment includes a microwave and bun toaster. The space also boasts a newly updated customer restroom. The current lease is a NNN agreement with a monthly rent of $3,850 and a remaining term of approximately four years, with a five-year option extending to January 31, 2028. This presents a significant advantage over building from scratch, saving both time and money. The seller is motivated by personal reasons. While traditional SBA financing isn't available, unsecured lending options may be accessible to qualified buyers with a credit score of 680 or higher. This high-traffic location, situated in a thriving area with numerous residential communities and new retail developments, offers substantial growth potential. The restaurant is ready for immediate operation, allowing a new owner to begin generating revenue quickly.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Conroe
- County
- Montgomery
- State
- Texas
- Longitude
- -95.4254
- Latitude
- 30.197
