For Sale
$120,000

11191 Westheimer Rd Houston, TX 77042

Established Restaurant, Bank-Owned

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional business opportunity presents a fully operational restaurant located at 11191 Westheimer Rd, Houston, TX 77042, in Harris County. The 1,203 square foot space is currently operating under a Net Net Net (NNN) lease, with a monthly rent of $4,000 plus NNN charges. A 5-year lease was signed in 2021, including a 5-year option to renew, offering significant long-term stability. The asking price for this bank-owned foreclosure is $120,000, translating to a price per square foot of $99.75. The business is categorized as "Business Only," suitable for an owner-operator or experienced investor seeking a turnkey operation. The restaurant offers a diverse menu featuring various chicken options paired with unique sauces, signature appetizers (including kimchi and bulgogi fries), and a selection of domestic and imported beers. This established business benefits from a prime location and a proven track record, making it an attractive investment opportunity in the thriving Houston market. The property is a single-tenant occupancy. Financial details are available upon request. Serious inquiries only.

Highlights

  • Bank-owned foreclosure, 1,203 SF restaurant in Houston, TX.
  • $120,000 asking price ($99.75/SF).
  • NNN lease at $4,000/month plus NNN charges.
  • 5-year lease (2021) with a 5-year renewal option.
  • Single-tenant occupancy.

Property Details for 11191 Westheimer Rd

Property type
Commercial real estate
Square Feet
1,203 SF

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.736149272279
Longitude
-95.572681468219

FAQs

What type of property is this?
Commercial real estate - Established Restaurant, Bank-Owned
Where is the commercial real estate located?
The property is located at 11191 Westheimer Rd Houston, TX.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Bank-owned foreclosure, 1,203 SF restaurant in Houston, TX.; $120,000 asking price ($99.75/SF).; NNN lease at $4,000/month plus NNN charges.
How can I contact the broker?
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11191 Westheimer Rd
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