100 Southpoint LpLivingston, TX 77351
- Retail properties
- 5,400 SF
Property Details for 100 Southpoint Lp
- Year built
- 1988
- Lot size
- 1.21 AC
- Property size (Sq ft)
- 5,400 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional turn-key restaurant opportunity in Livingston, Texas, presents a compelling investment. Priced at $2,500,000, this Class A property boasts 5,400 square feet on a 1.207-acre lot, strategically located on the busy Hwy 59/I69 corridor. Established in 1988, the restaurant offers a spacious dining area and a fully equipped commercial kitchen, creating an inviting atmosphere for patrons. The property's single-unit tenancy provides owner-user control and avoids escalating rental costs. With a strong NOI of $214,307 and an 8.57% cap rate, this represents a stable investment with significant growth potential. The property's size allows for potential expansion of indoor/outdoor dining space. The building is situated in the growing Polk County seat of Livingston, TX, offering a thriving community and a strong customer base. The sale includes the real estate, providing long-term security and flexibility. Occupancy is available September 30, 2024. This is a rare chance to acquire a well-established, successful restaurant with significant upside in a rapidly developing area.
Location Insight
- City
- Livingston
- County
- Polk
- State
- Texas
- Latitude
- 30.6907
- Longitude
- -94.9499
Comparable in this City
Similar Nearby for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].