Historical Retail Sale Listing - Burger King

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, Houston, TX or Texas

Burger King

3715 Little York Road, Houston, TX 77093

N/A

4,770 SF | Retail

  • Print

Retail Property - Off Market

Price:
N/A
Building Size:
4,770 SF
Property Type:
Retail
Property Sub-type:
Restaurant
Property Use Type:
Net Lease Investment with
10+ years left on lease
Cap Rate:
7.75%
Occupancy:
100%
Tenancy:
Single
Lot Size:
1.23 AC
Listing ID
16327769
Last Updated
over 1 year ago

Description

Marcus & Millichap is pleased to offer for sale a 4,770 square foot Burger King sitting just off of the intersection of Highway 59 and Little York which sees daily traffic counts of over 200,000 vehicles per day. The property is located in a major retail corridor with nearby tenants which include Home Depot, Walgreens, McDonald's, Ross Dress for Less and many others. The Burger King is being offered at a 7.75 percent cap rate with a new 20 year absolute net lease being signed at close of escrow. This Burger King provides an investor with a stable return and no management responsibilities.

The tenant is a proven franchisee with over 50 locations and an aggressive plan to open more stores. The operator has over 30 years of experience in the Burger King system and currently has sales of almost $60 million. The franchisee has outpaced Burger King's same store sales growth for the last three years further showing the strength of the operator.

The Burger King sits in a retail corridor which provides steady traffic to the site. The property is also positioned in a dense residential area with a population of almost 260,000 which provides a consistent customer base. This property allows an investor to purchase both a stable return as well as a fundamentally strong piece of real estate.

Map of 3715 Little York Road, Houston, TX 77093 (Harris County)

Research for 3715 Little York Road, Houston, TX 77093 (Harris County)

  • Demographics – Population, income & other demographics near 3715 Little York Road
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Similar Listings

Auto Mechanic Service &... Auto Mechanic Service &...
  • Houston, TX
  • $150,000
  • 3,700 SF Bldg
Capital One Bank Capital One Bank
  • Houston, TX
  • $4,376,800
  • 4,324 SF Bldg
Advance Auto Advance Auto
  • Houston, TX
  • $1,875,000
  • 3,600 SF Bldg
SAM AUTO SALES & SERVIC... SAM AUTO SALES & SERVIC...
  • Houston, TX
  • $95,000
  • 4,300 SF Bldg
6 Photos
NORTHSHORE AUTO WAREHOU...
NORTHSHORE AUTO WAREHOU...
  • Houston, TX
  • $150,000
  • 3,750 SF Bldg
4 Photos
Airline/Pulga/Resturant...
Airline/Pulga/Resturant...
  • Houston, TX
  • $2,300,000
  • 5,504 SF Bldg
17 Photos
OWNER FINANCE Shopping ...
OWNER FINANCE Shopping ...
  • Houston, TX
  • $265,000
  • 5,063 SF GLA
37 Photos
LOS CABOS WINGS N BURGE...
LOS CABOS WINGS N BURGE...
  • Houston, TX
  • $700,000
  • 5,195 SF Bldg
3 Photos
Nightclub
Nightclub
  • Houston, TX
  • Price Not Disclosed
  • 4,112 SF Bldg
15 Photos
Prime Corner @ The East...
Prime Corner @ The East...
  • Houston, TX
  • Price Not Disclosed
  • 5,220 SF Bldg
4 Photos
3321 Dixie Dr
3321 Dixie Dr
  • Houston, TX
  • $450,000
  • 3,410 SF Bldg
4 Photos
4101 Lyons Ave
4101 Lyons Ave
  • Houston, TX
  • $91,999
  • 3,900 SF Bldg
5 Photos
Martin Luther King Shop...
Martin Luther King Shop...
  • Houston, TX
  • $300,000
  • 3,360 SF GLA
7 Photos
Landmark Square
Landmark Square
  • Houston, TX
  • $495,888
  • 6,000 SF Bldg