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BreWingz 1126 Silber Rd 6,160 SF Retail Building Houston, TX 77055 $3,717,000 ($603.41/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 2015 Construction. 6,160+/- SF Building on 0.94+/- Acre Site
- Pad Site to Top-Performing Walmart Supercenter; Adjacent to Chick-fil-A, Whataburger & More
- BreWingz is a Privately Held Houston-Based Sports Bar with 17+ Locations Across Southeast Texas
- Excellent Location at the Intersection of Silber Rd & I-10 (247,000 Combined VPD)
- Surrounded by Premier Retail, Healthcare, and Education Anchors Including The Galleria, Memorial Hermann & Awty International School
- Houston, TX | 4th Largest City in the U.S. | MSA Population: 7.7M
EXECUTIVE SUMMARY
Rare 30-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,160 SF
Building Class
B
Year Built
2015
Price
$3,717,000
Price Per SF
$603.41
Cap Rate
7.25%
NOI
$269,411
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.94 AC
Zoning
NA
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1351580010001 | Improvements Assessment | $1,669,848 |
| Land Assessment | $1,641,360 | Total Assessment | $3,311,208 |
PROPERTY TAXES
Parcel Number
1351580010001
Land Assessment
$1,641,360
Improvements Assessment
$1,669,848
Total Assessment
$3,311,208
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BreWingz | 1126 Silber Rd
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