Remarks

Introducing a unique investment opportunity with an exceptional 12%+ cap rate, this property boasts three distinct buildings on a sprawling 5-acre parcel. Strategically located with convenient access on two sides, the property features highway frontage on Fm 1151 (Claude Hwy) & Burlington Rd. This location ensures visibility and ease of entry. The centerpiece of this investment is the well-established Lonestar Bar and Grill, a seasoned restaurant that is a package deal with the real estate. With a proven track record and a loyal customer base, the restaurant adds significant value to the property. The potential for additional income is enhanced by the presence of rental office spaces and a mobile home, offering diverse revenue streams. *Financials are available upon request.*

Details

MLS#: 24-768
Price: $575,000

Style: Business
Sq Ft: 1976.00
Year Built: 1985

County: Randall
Lot Size: 332 ft x 657 ft