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Jack in the Box 18 Wilson Rd 2,274 SF Retail Building Humble, TX 77338 $2,750,000 ($1,209.32/SF) 6.87% Cap Rate
Investment Highlights
- Absolute NNN with Zero Landlord Responsibilities
- Successful & Established Tenant at the Location since 2009
- Drive-thru Location just off 52k Cars/day Corner and Blocks from the 69 Freeway
- Lease Guaranteed by A3H Foods - 91 Restaurant Operator
- Rapid Growth in Houston Metro Area – over 2.5 x Faster than National Average
- Commercial Hub with large Malls and National Tenants like Starbucks, Sonic, Home Depot, Best Buy, Old Navy and more
Executive Summary
PLEASE SEE ATTACHED MARKETING PACKAGE FOR FULL INFORMATION:
OFFERING SUMMARY: Jack in the Box located at 18 Wilson Rd in the greater Houston metro has been a long-standing successful drive-thru restaurant since 2009. The restaurant will always have heavy traffic because it is located just off a 52k cars/day corner and close to the 69 freeway. There are 8 schools and approx. 5,600 students within 2 miles which creates strong demand for fast food. The area is a commercial hub with very large malls like Deerbrook Market Place, Bender Square and Deerbrook Square. These are all major draws of traffic and clientele for the area.
DEMOGRAPHICS: Houston’s population continues to grow rapidly at roughly 2.5 x faster than the national average. This property is in a dense location with over 174k residents within 5 miles and an average household income of about 100k, which is ideal for a fast-food business.
FOR SALE: $2,800,000 – 6.75% Cap Rate and Absolute NNN
OFFERING SUMMARY: Jack in the Box located at 18 Wilson Rd in the greater Houston metro has been a long-standing successful drive-thru restaurant since 2009. The restaurant will always have heavy traffic because it is located just off a 52k cars/day corner and close to the 69 freeway. There are 8 schools and approx. 5,600 students within 2 miles which creates strong demand for fast food. The area is a commercial hub with very large malls like Deerbrook Market Place, Bender Square and Deerbrook Square. These are all major draws of traffic and clientele for the area.
DEMOGRAPHICS: Houston’s population continues to grow rapidly at roughly 2.5 x faster than the national average. This property is in a dense location with over 174k residents within 5 miles and an average household income of about 100k, which is ideal for a fast-food business.
FOR SALE: $2,800,000 – 6.75% Cap Rate and Absolute NNN
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,274 SF
Building Class
C
Year Built
2009
Price
$2,750,000
Price Per SF
$1,209.32
Cap Rate
6.87%
NOI
$189,036
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.89 AC
Zoning
Commercial
Nearby Major Retailers
Property Taxes
| Parcel Number | 0431500026007 | Improvements Assessment | $589,542 |
| Land Assessment | $385,940 | Total Assessment | $975,482 |
Property Taxes
Parcel Number
0431500026007
Land Assessment
$385,940
Improvements Assessment
$589,542
Total Assessment
$975,482
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Jack in the Box | 18 Wilson Rd
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