606 Main StGarland, TX 75040

For Sale
$1,200,000

Two thriving restaurant units, strong cash flow

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents two fully occupied restaurant spaces totaling 2,000 square feet in the revitalized Downtown Garland Square. Located at 606 Main St, Garland, TX 75040, this property boasts two 1,000 sq ft units, each equipped with grease traps and restaurant equipment, currently operating under NNN leases. The building, which underwent renovations in 2022, features a 2019 roof and 2017 HVAC system. Both tenants are established businesses with a history of success and are interested in lease renewals. The property benefits from the recent $423,700,000 revitalization of Downtown Garland, attracting significant business and foot traffic. The asking price is $1,200,000 ($600/sq ft), and the city of Garland offers a matching grant of up to $50,000 for renovations as part of their revitalization program. This is a rare chance to acquire a multi-unit commercial property with strong existing tenants and significant upside potential in a rapidly growing area. The property is zoned for commercial use and consists of one building with multiple units. This is an owner/user investment opportunity with a proven track record of positive cash flow.

Highlights

  • Two 1,000 sq ft units available for sale.
  • Each unit is fully equipped for restaurant use.
  • New roof installed in 2019.
  • HVAC systems replaced in 2017.
  • Up to $50,000 in renovation matching funds available through city revitalization program.
  • Two established businesses currently lease both units and are interested in lease renewals.

Property Details for 606 Main St

Property type
Other retail properties, Restaurants
Square Feet
2,000 SF
Year Renovated
2022
Buildings
1
Units
2

Location Insight

City
Garland
County
Dallas
State
Texas
Latitude
32.9124984
Longitude
-96.6381017
606 Main St, Garland, Texas

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606 Main St
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