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1220 W Orem Dr
Houston, TX 77047
Taco Bell · Retail Property For Sale
Investment Highlights
- 20-year absolute NNN ground lease with five (5) five-year options and no landlord management
- High-quality 2024 construction featuring dual-lane drive-thru
- Taco Bell’s wide customer base and strong brand support reliable income and tenant performance
- 10% rental increases every five years, providing a hedge against inflation
- B&G Food Enterprises of Texas, LLC, a well-established franchisee of Taco Bell
- H-E-B, LP, Texas’ largest grocery operator, acquired an adjacent ~8.409-acre tract on 8/7/24
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,069 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.84 AC
Parking
23 Spaces (11.12 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 1501290010001 | Improvements Assessment | $1,044,255 |
| Land Assessment | $388,552 | Total Assessment | $1,432,807 |
Property Taxes
Parcel Number
1501290010001
Land Assessment
$388,552
Improvements Assessment
$1,044,255
Total Assessment
$1,432,807
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