Property summary
This established DeSoto, Texas restaurant business is offered for sale at $199,000. The 2,780 square foot space is located on a major thoroughfare with approximately 18,000 vehicles passing daily, situated within the city's economic redevelopment corridor. The business boasts over $250,000 in annual sales (2023) and includes all inventory and fixtures, furniture, and equipment (FF&E), valued at approximately $200,000. Key assets include a 1,000-gallon grease trap, point-of-sale (POS) system, payroll and security systems, an outside storage building, and a transferable beer and wine license with approximately two years remaining. The business operates under a Net Net Net (NNN) lease with approximately 1.2 years remaining on the single-tenancy agreement. The sale is for the business only
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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