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

7 Photos
12222 Almeda
12222 Almeda
  • Houston, TX
  • $800,000
  • 5,250 SF GLA
Sushi and Grill busines... Sushi and Grill busines...
  • Houston, TX
  • $625,000
  • 5,000 SF Bldg
Landmark Square Landmark Square
  • Houston, TX
  • $390,000
  • 5,178 SF GLA
7 Photos
I-45 @Monroe Previous U...
I-45 @Monroe Previous U...
  • Houston, TX
  • $1,200,000
  • 4,000 SF Bldg
4 Photos
Wayside Plaza
Wayside Plaza
  • Houston, TX
  • $2,442,999
  • 4,262 SF GLA
7 Photos
Bellaire & Boone  - Int...
Bellaire & Boone - Int...
  • Houston, TX
  • $1,500,000
  • 5,720 SF GLA
7 Photos
WhichWich Sandwiches
WhichWich Sandwiches
  • Houston, TX
  • $999,900
  • 6,942 SF Bldg
13 Photos
Moreno's Mexican Food &...
Moreno's Mexican Food &...
  • Houston, TX
  • $1,400,000
  • 5,476 SF Bldg
5 Photos
1404 Northwood St.
1404 Northwood St.
  • Houston, TX
  • $720,000
  • 4,000 SF GLA
5 Photos
9123 Scott Street
9123 Scott Street
  • Houston, TX
  • $450,000
  • 5,850 SF GLA
5 Photos
Cole Creek Dr
Cole Creek Dr
  • Houston, TX
  • $639,000
  • 5,585 SF GLA
1722 California St 1722 California St
  • Houston, TX
  • Price Not Disclosed
  • 6,399 SF Bldg
15 Photos
Reduced - Old Spanish T...
Reduced - Old Spanish T...
  • Houston, TX
  • $650,000
  • 4,368 SF Bldg
8104 Southwest Fwy 8104 Southwest Fwy
  • Houston, TX
  • Price Not Disclosed
  • 6,677 SF Bldg