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Lonestar Bar and Grill

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. The three buildings are tied together and share a common well located in the center of the property. Each building...

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Directions

Located on FM 1151, in between S Osage & S Washington st.

Contact Seller
Triangle Realty

Amarillo, TX

(806) 513-5022

Provided By

Triangle Realty, (806) 513-5022
Source: MLS# 24-768
Listing last updated: February 25, 2025 at 2:26 PM
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