Current Use by Public Records
- Retail properties & Spaces
Property Details for 1111 Tbd
- Year built
- 2012
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional turnkey opportunity presents a well-established and profitable sushi and hibachi restaurant in Plano, Texas, within the affluent Collin County area. Located at 1111 TBD, 75023, this 2,068 square foot restaurant has been operating successfully for over 12 years, building a loyal customer base. The current owner is retiring and offering owner financing, making this a compelling investment for a qualified buyer. The restaurant benefits from a highly desirable location surrounded by upscale shops and restaurants, ensuring consistent high foot traffic. The attractive lease is a Net-Net-Net (NNN) agreement with a 5-year option, offering predictable operating costs. The restaurant's strong financial performance is reflected in its impressive Net Operating Income (NOI) of $139,440. Built in 2012, the property includes a beautifully decorated patio, adding to its appeal and without additional rent. This is a rare chance to acquire a thriving business with a proven track record and significant growth potential in a prime location. The asking price is $300,000. The business is fully owned and represents an owner/user investment opportunity.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plano
- County
- Collin
- State
- Texas
- Longitude
- -96.7333
- Latitude
- 33.0604
