5405 Farm to Market Road 1488

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5405 Farm to Market Road 1488

Magnolia, TX 77354
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

Prime Location - Ample Parking <p><span style="color: rgba(0, 0, 0, 1)">Prime Restaurant Space For Lease</span></p><p><span style="color: rgba(0, 0, 0, 1)">6,125 SF Enclosed Restaurant Space</span></p><p><span style="color: rgba(0, 0, 0, 1)">~1,600 SF Covered Patio – 7,837 SF Total</span></p><p><span style="color: rgba(0, 0, 0, 1)">~ 1 AC Site - 85+ Parking Spaces</span></p><p><span style="color: rgba(0, 0, 0, 1)">Contact Broker For Pricing</span></p>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times