Property profile

247 Hampton Rd DeSoto, TX 75115

OFF-MARKET
Retail properties & Spaces
2,780 SF
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Total area 2,780 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

247 Hampton Rd DeSoto, TX 75115
DeSoto metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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