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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

6501 Southwest Fwy Houston, TX 77074

6,713 SF 1.31 ac lot Built 1979
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully occupied, 6,713 square foot restaurant building situated on a 1.31-acre lot in Houston, Texas. Currently housing El Muelle Seafood & Grill, this net lease property offers a compelling return with a $4,950,000 asking price and a strong 6.30% cap rate, generating a net operating income (NOI) of $312,000. Built in 1979 and extensively renovated in 2024, the property features 120 parking spaces, a significant advantage in this high-traffic area. The lease includes rent bumps, ensuring future income growth. Located at 6501 Southwest Fwy, Houston, TX 77074, this single-tenant property benefits from a 100% occupancy rate and is situated on a ground lease. The property is categorized as retail, encompassing bar, QSR/fast food, and restaurant subtypes. This turnkey operation presents a rare opportunity for investors seeking a stable, high-performing asset in a thriving Houston market. The property is not located in a flood plain. Fixtures, furniture, and equipment (FF&E) are available.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1979
Total area 6,713 SF
Lot 1.31 ac (57,064 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
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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