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SMALLS SLIDERS | 15 YR ABS. NNN GROUND LEASE 1337 Gessner Rd 800 SF Retail Building Houston, TX 77043 $1,840,000 ($2,300/SF) 6.25% Cap Rate
Investment Highlights
- Long Term Absolute Net Ground Lease (Zero Landlord Responsibilities) feat. 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Immediate Access to Interstate 10 (Katy Freeway) and Sam Houston Tollway (Beltway 8), two of Houston’s most Heavily Traveled Corridors.
- Houston Infill – Densely Populated and Affluent Area: Features an Average Household Income of more than $127k within a 3 Mile Radius.
- Prime Location along Gessner Road with Strong Traffic Counts and Immediate Visibility, positioned within a Dense Retail Corridor near Interstate 10.
- Smalls Sliders is a Rapidly Expanding Fast Casual Burger Concept Founded in 2019, featuring Modular “Can” Design Units and a Streamlined Menu.
- Strong Daytime Population Driven by Nearby Office Developments including Memorial City Towers, Energy Corridor Office Campuses, CityCentre, and more.
Executive Summary
Smalls Sliders | Absolute NNN Ground Lease | Brand New Construction | Houston Infill - Avg. HHI of $127k - 380k+ People within 5 Mile Radius | Immediate Access to I-10 and Sam Houston Tollway | Near Memorial City Mall, the Houston Energy Corridor and CityCentre Houston | Strong Daytime Population | Rapidly Expanding Fast Casual Burger Concept
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
800 SF
Building Class
B
Year Built
2025
Price
$1,840,000
Price Per SF
$2,300
Cap Rate
6.25%
NOI
$115,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.48 AC
Frontage
135’ on Gessner Road
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Smalls Sliders
- Retailer
- 800 SF
- -
- Triple Net
- Apr 2040
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Smalls Sliders | Retailer | 800 SF | - | Triple Net | Apr 2040 |
Very walkable
80/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1041620000042 | Improvements Assessment | $0 |
| Land Assessment | $1,528,870 | Total Assessment | $1,528,870 |
Property Taxes
Parcel Number
1041620000042
Land Assessment
$1,528,870
Improvements Assessment
$0
Total Assessment
$1,528,870
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SMALLS SLIDERS | 15 YR ABS. NNN GROUND LEASE | 1337 Gessner Rd
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