This newly renovated, single-tenant restaurant property is leased to Agave Azul, a popular Mexican restaurant with a strong local following. The tenant has approximately three years remaining on an absolute net lease, with no Landlord responsibilities. The owner and operator of Agave Azul has extensive experience with restaurant management, and was the general manager of Juan and Lindaâ??s in Anderson, TX for many years. With a great local following and limited competition in the area, Agave Azul is primed for success, and presents a management free, high yield commercial real estate investment opportunity.
Iola is located in Texas. Iola, Texas has a population of 259. Iola is less family-centric than the surrounding county with 16.88% of the households containing married families with children. The county average for households married with children is 27.79%.
The median household income in Iola, Texas is $52,813. The median household income for the surrounding county is $59,086 compared to the national median of $69,021. The median age of people living in Iola is 55.9 years.
The average high temperature in July is 94.7 degrees, with an average low temperature in January of 38.3 degrees. The average rainfall is approximately 42.8 inches per year, with 0.1 inches of snow per year.
