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19215 W Belfort St
Richmond, TX 77407
CAVA · Retail Property For Sale
Investment Highlights
- New 15-year absolute NNN lease to CAVA (NYSE: “CAVA”) with 10% rental increases every five years
- CAVA currently operates almost 300 restaurants across the United States with 100 new sites already in their development pipeline
- Texas has no state income tax, estate tax, or inheritance tax
- CAVA Group recently went public in June 2023 and currently has a market cap above $4 billion
- Located in the second wealthiest county in Texas (Fort Bend)
- Brand new 2023 construction to tenant’s latest prototype and equipped with a dedicated drive-thru
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,537 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Lot Size
12.46 AC
Zoning
YQ
Property Taxes
| Parcel Number | 0062-00-000-4000-907 | Improvements Assessment | $0 |
| Land Assessment | $2,538 | Total Assessment | $2,538 |
Property Taxes
Parcel Number
0062-00-000-4000-907
Land Assessment
$2,538
Improvements Assessment
$0
Total Assessment
$2,538
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