300 Main St Highlands, TX 77562

This exceptional investment opportunity presents a thriving Italian restaurant in Highland, TX. The property, located at 300 S Main St, 77562, boasts 2,400 square feet on a 0.23-acre lot with 34 parking spaces. The single-tenant building, constructed in 1970 and renovated in 2001 and 2019, is currently operating at 100% occupancy under a net lease with a remaining term of 7.2 years (5-year lease with two 5-year options commencing February 1, 2024 and expiring February 1, 2032). The property offers a strong net operating income (NOI) of $78,600, resulting in an attractive 8.73% cap rate. This well-maintained, one-story building benefits from its prime location in a vibrant and growing community, ensuring high visibility and consistent customer traffic. The restaurant's established reputation and loyal customer base provide a secure and profitable investment opportunity, with the potential for long-term growth and lease extension. This turnkey operation offers a compelling blend of immediate income and future potential, making it an ideal addition to any investment portfolio. The property's strong financials, coupled with its desirable location and recent renovations, make this a truly exceptional investment opportunity.