2223 Southmore Avenue

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2223 Southmore Avenue

Pasadena, TX 77502
Asking Price
$180K
Asset Type
Restaurant Retail
Class
Class B

What's Special

Prime Asian Buffet Restaurant | High-Traffic Shopping Center <ul><li>​<strong>9,500 SF fully built restaurant space</strong></li><li>​<strong>Existing buffet infrastructure and kitchen equipment in place</strong></li><li>​<strong>Long-term lease through January 2030</strong></li><li>​<strong>Landlord open to favorable lease restructuring for qualified operator</strong></li><li>​<strong>Located in high-traffic shopping center anchored by supermarket & cinema</strong></li><li>​<strong>Strong surrounding residential density</strong></li><li>​<strong>Ideal fo

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NOI
$80,000
Cap Rate
44.44%
DSCR
7.49
Strong
Cash-on-Cash
128.36%
Monthly Payment
$890.542
Annual Cash Flow
$69,313.499

Location & Travel Times