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Investment Highlights
- Favorable 10-year NNN lease with nine years remaining featuring contractual rental increases throughout the primary term as well as the option periods
- Irreplaceable infill location with excellent visibility and easy access to and from US-59/I-69, which carries over 244,000 CPD
- Surrounding trade area features a high concentration of ethnically diverse households, providing a built-in customer base
- High-growth international concept with 19 existing Canadian locations and continued plans for expansion in the U.S.
- Nestled within a regional employment hub, the Property benefits from a thriving daytime population of 419,000 people within five miles
- Fort Bend County is one of the fastest-growing, highly educated counties in the U.S., recognized for its affluent demographics and economic growth
Executive Summary
Favorable 10-year NNN lease with nine years remaining featuring contractual rental increases throughout the primary term as well as the two (5-year) option periods, with minimal landlord responsibilities
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,200 SF
Building Class
B
Year Built
1981
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.92 AC
Zoning
None - N/A
Frontage
Amenities
- Freeway Visibility
- Security System
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 0101-00-000-1425-907 | Improvements Assessment | $856,141 |
| Land Assessment | $843,859 | Total Assessment | $1,700,000 |
Property Taxes
Parcel Number
0101-00-000-1425-907
Land Assessment
$843,859
Improvements Assessment
$856,141
Total Assessment
$1,700,000
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