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Property profile & analytics
OFF-MARKET
Commercial real estate

976 Coronado Blvd Universal City, TX 78148

4,200 SF
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents the chance to acquire Noy's Bistro, a well-established Thai restaurant located at 976 Coronado Blvd, Universal City, TX 78148. Boasting a prime corner location in the Coronado Square shopping center, this 4,200 square foot restaurant has served the community since 2011, building a loyal clientele, including a significant base from nearby Randolph Air Force Base. The restaurant features seating for 100 guests and includes all furniture and equipment (excluding a leased dishwasher). A 2019 Ford F-150 truck with approximately 19,000 miles is also included in the sale. The business benefits from a strong online presence, reflected in its 4.6-star ratings across Yelp and Google. The current lease is a Triple Net (NNN) agreement with a 5-year term expiring September 30, 2026, and an option to renew. The sale includes a comprehensive security system, advanced POS software, and QuickBooks-managed payroll. The attractive asking price of $350,000 offers an impressive 18% capitalization rate. The current owners, a retired military veteran and his wife, are willing to provide training to ensure a smooth transition. The sale also includes authentic Thai artwork and décor, adding to the unique ambiance of this successful business. This is a turnkey operation ready for a new owner to step in and continue its legacy of success.

Property profile
Verified
Property type Commercial real estate
Total area 4,200 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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