6501 Southwest Fwy Houston, TX 77074
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.