Overview

Description

A rare opportunity to own highly desired - profitable restaurant and pier on Galveston beach , 540 FT exclusive frontage of beach .
This asset has a long term ground lease with option to renew as much as desired , almost like owning the beach w little lease fee , closest thing to owing the beach!
This unique asset is offered at 7.8 cap on current sales along with 18.6 acres of beachfront.
Great Opportunity to add two more piers to the T for added Value.
Ground Lease has option to renew as much as desired it's the closest to ownership!
19,000 daily traffic count


Great Opportunity to add two more piers to the T for much added value
Ground Lease has option to renew as much as desired it's the closest to ownership!
500 Ft Exclusive Frontage on Galveston Beach

Highlights

• 540 Ft exclusive frontage on Beach
• Restaurant, Store Pier and school of surfing
• Top Fishing Spot in Galveston ( BeachBox)
• Property is being offered along 18.6 acres of beachfront
• Ground Lease has option to renew as much as desired it's the closest to ownership!

Documents

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