Restaurant
1917 TX-16 S
1917 TX-16 S, Graham, TX 76450
Listing Price: $296,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale 1917 TX-16 S, a 3,480-square-foot, freestanding restaurant in Graham, Texas, constructed on a .33-acre lot, and situated along TX-16 in a retail corridor that includes Walmart Supercenter, Dollar General, O'Reilly Auto Parts, Dollar Tree, United supermarkets, McDonald's and more. The subject property is leased to Mi Familia Mexican Restaurant who has strong operations and continued success for more than 20 years, with a rating of 4.3 stars from 380 Google reviews. The lease has approximately 2.5 years remaining with one three-year renewal option at market rent. The city of Graham is located approximately 80 miles west of Fort Worth. This strategic location on Texas Highways 114, 16, 67 and 380 makes Graham the economic hub for the region.
1917 TX-16 S
Investment Highlights
- Walmart Supercenter Shadow-Anchored in Dense Retail Corridor
- 20+ Years of Operational History at this Location
- Highest Traffic Count in the City is Directly in Front of Subject Property (15,629 VPD)
- Frontage on Hwy 16 with Excellent Visibility / Access and Multiple Ingress / Egress Points
- Well Below Market Rent | Replaceable Income
- Below Construction Cost at $85 Price Per Square-Foot
Exclusively Listed By
Listing Price: $296,000
Investment Highlights
- Walmart Supercenter Shadow-Anchored in Dense Retail Corridor
- 20+ Years of Operational History at this Location
- Highest Traffic Count in the City is Directly in Front of Subject Property (15,629 VPD)
- Frontage on Hwy 16 with Excellent Visibility / Access and Multiple Ingress / Egress Points
- Well Below Market Rent | Replaceable Income
- Below Construction Cost at $85 Price Per Square-Foot
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale 1917 TX-16 S, a 3,480-square-foot, freestanding restaurant in Graham, Texas, constructed on a .33-acre lot, and situated along TX-16 in a retail corridor that includes Walmart Supercenter, Dollar General, O'Reilly Auto Parts, Dollar Tree, United supermarkets, McDonald's and more. The subject property is leased to Mi Familia Mexican Restaurant who has strong operations and continued success for more than 20 years, with a rating of 4.3 stars from 380 Google reviews. The lease has approximately 2.5 years remaining with one three-year renewal option at market rent. The city of Graham is located approximately 80 miles west of Fort Worth. This strategic location on Texas Highways 114, 16, 67 and 380 makes Graham the economic hub for the region.
Exclusively Listed By
