1604 Link Ave - Fast Food FOR SALE


Orange, TX 77630- East Orange
$110,000 USD
305-206-1286
1604 Link Ave, Orange, TX for Sale
$110,000 USD
Fast Food - FOR SALE
1/9
null | Request Cap Rate

1604 Link Ave
Orange, TX 77630
East Orange


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former Popeyes | Kroger & McDonald’s Adjacent | Drive Thru | AUCTION SEPTEMBER 23-25
  • Freestanding Former Popeyes Restaurant with Drive-Thru available at Significant Discount Below Replacement Cost
  • 17K VPD Traffic Counts at Signalized Hard Corner on TX-87 and Shadow Anchored by Kroger Supermarket
  • Nearby National Retailers: Kroger, McDonald’s, Walgreens, CVS, HEB, Walmart, Home Depot, and more
  • Dense Demographics with 5-Mile Population of ±27,809 and Annual Household Income of ±$77,102
  • Zoned C-S, Commercial Special with a Variety of Commercial Uses

OVERVIEW

Marcus & Millichap is pleased to present a vacant, free-standing second-generation restaurant/retail building located at 1604 Link Avenue in Orange, Texas (the “Property”). Formerly occupied by Popeyes, the Property is offered significantly below replacement cost, creating an exceptional opportunity to acquire a highly visible, strategically positioned asset with substantial value-add potential. FIRST BID MEETS RESERVE! Built in 1984, the Property features a ±1,696-square-foot, one-story building on a ±0.520-acre (±22,656-SF) parcel, offering 23 parking stalls and a drive-thru lane. It enjoys ±167 feet of frontage along Link Avenue, directly across from a Kroger center with Pharmacy and Kroger Fuel, abutting McDonald’s, with two points of ingress/egress just off the intersection with N. 16th Street/Texas Highway 87 (±17,004 VPD). The Property is zoned C-S (Commercial Special), allowing a broad range of retail, dining, and service-oriented uses. With CoStar-estimated retail rents in the ±$15–$19/SF range, this former QSR presents a prime opportunity for investors to unlock value through lease-up at market rates. Strategically located in Orange, TX, the Property lies within the Beaumont–Port Arthur–Orange metropolitan area—an important Gulf Coast economic hub recognized for its robust industrial base, regional retail draw, and convenient access to Interstate 10 (±1.5-mi). The city’s economy benefits from a diverse blend of petrochemical, manufacturing, and maritime industries, including major employers such as International Paper, Invista, Lanxess, and extensive shipbuilding operations along the Sabine River. The Property is located within an active commercial corridor and located near a plethora of national, regional, and local service providers including Kroger, McDonald’s, Walgreens, Sherwin Williams, HEB, Taco Bell, Little Caesars Pizza, and DQ to name a few. The Property’s strategic position near the Texas–Louisiana border serves as a natural gateway for cross-state commerce and workforce mobility, while its proximity to Beaumont (±30-mi west) and Lake Charles, LA (±35-mi east) ensures seamless connectivity to larger regional markets and supply chains. Within a short drive, Lamar State College–Orange serves 2,000+ students, faculty and Baptist Orange Hospital (40-beds) contributing to steady daytime activity that supports nearby businesses. The area also benefits from the ongoing revitalization of the historic downtown district, which is attracting both public and private investment, enhancing tourism, and drawing new retail, dining, and cultural offerings to the community. With nearly 28,000 residents within a 5-mi radius and an average household income (AHHI) exceeding $77,100, the Property is exceptionally well-positioned for re-leasing, adaptive reuse, or long-term investment in this established commercial corridor.

FOR SALE DETAILS

PRICE

$110,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction - REIT Sale | Former Popeyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,730 SF

ZONING

-

APN/PARCEL ID

011945-009680

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.