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Property profile & analytics
OFF-MARKET
Commercial real estate

12116 Westheimer Rd Houston, TX 77077

2,550 SF
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents the acquisition of Drunken Boat, a thriving seafood restaurant located at 12116 Westheimer Rd, Houston, TX 77077. Boasting 2,550 square feet of space, this single-tenancy business is offered at $90,000. The current lease, commencing October 1, 2023, and expiring October 31, 2028, provides a secure 4-year remaining term. The business features a high-quality menu focused on fresh, premium seafood and lobster, catering to diverse preferences. Drunken Boat benefits from a strong brand reputation, evidenced by positive online reviews and a loyal customer base. Significant revenue growth potential exists through avenues such as catering, delivery services, or franchising, alongside targeted marketing and promotional strategies. This turnkey operation offers a compelling investment for an experienced restaurateur seeking a well-established, high-performing business in a prime Houston location. The price per square foot is $35.29. The business is known for its lobster rolls and seafood boils. Financial details are available upon request. This is a business-only sale.

Property profile
Verified
Property type Commercial real estate
Total area 2,550 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Drunken Boat Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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