Historical Retail Sale Listing - Applebee's

Retail For Sale

This Retail property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Retail For Sale,

Applebee's

2959 North Loop 610 West, Houston, TX 77053

N/A

5,410 SF | Retail

  • Print

Retail Property - Off Market

Price:
N/A
Building Size:
5,410 SF
Property Type:
Retail
Property Sub-type:
Retail (Other)
Property Use Type:
Net Lease Investment with
10+ years left on lease
Cap Rate:
7.50%
Building Class:
A
Tenancy:
Single
Year Built:
2007
Lot Size:
1.33 AC
Listing ID
15930052
Last Updated
over 1 year ago

Description

Leased to APPLEBEE' S INTERNATIONAL, INC., for 20 years from March 2007 until March 2027 at an initial net annual rent of $165,275 with 10% rental increases every five years. The lease is absolute net with tenant responsible for all taxes, insurance and CAM, including roof and structure. There are four 5-year renewal options, each with a 10% rental increase.

THIS IS RIGHT AT A MAJOR INTERSECTION OF HOUSTON' S INNER LOOP FREEWAY, LOOP 610. THIS SITE IS 10 MILES FROM DOWNTOWN, AND COMBINES HIGH INCOMES AND INCREDIBLE TRAFFIC COUNTS.Houston, with a population of nearly 2,000,000, is the largest city in Texas and the fourth largest in the nation. The city is one of the nation's largest seaports, and is home to 18 Fortune 500 companies.

Map of Houston, TX, 77053 - exact location not found

Research for 2959 North Loop 610 West, Houston, TX 77053 (Fort Bend County)

Similar Listings

12 Photos
Hurricane Grill & Wings
Hurricane Grill & Wings
  • Houston, TX
  • Price Not Disclosed
  • 4,000 SF Bldg
Normandy Plaza Normandy Plaza
  • Houston, TX
  • Price Not Disclosed
  • 6,021 SF GLA
4 Photos
Convenience Store Near ...
Convenience Store Near ...
  • Houston, TX
  • $390,000
  • 4,800 SF Bldg
Conoco Truck Stop Conoco Truck Stop
  • Houston, TX
  • $2,500,000
  • 4,600 SF Bldg
821 FM 1960 821 FM 1960
  • Houston, TX
  • $650,000
  • 4,700 SF Bldg
2 Photos
AVANCE LEARNING CENTER
AVANCE LEARNING CENTER
  • Houston, TX
  • $449,000
  • 6,578 SF Bldg
Mt. Houston Center Mt. Houston Center
  • Houston, TX
  • $1,056,000
  • 6,000 SF GLA
8 Photos
EASTEX 11327
EASTEX 11327
  • Houston, TX
  • $150,000
  • 4,980 SF Bldg
5 Photos
Tokyo One restaurant We...
Tokyo One restaurant We...
  • Houston, TX
  • $2,500,000
  • 4,860 SF Bldg
5 Photos
Pollo 8
Pollo 8
  • Houston, TX
  • $650,000
  • 4,500 SF Bldg
9 Photos
Landmark Square at Bell...
Landmark Square at Bell...
  • Houston, TX
  • $399,900
  • 5,163 SF GLA
3 Photos
El Rincon
El Rincon
  • Houston, TX
  • $795,000
  • 4,341 SF Bldg
4 Photos
Lockwood Retail Pad - 4...
Lockwood Retail Pad - 4...
  • Houston, TX
  • Price Not Disclosed
  • 5,991 SF Bldg
2 Photos
3620 Katy Fwy
3620 Katy Fwy
  • Houston, TX
  • Price Not Disclosed
  • 7,026 SF Bldg