20502 Highway 59 N | Humble, TX 77338
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20502 Highway 59 N
Humble, TX 77338
Chuy's | Humble · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-term absolute NNN ground lease to a strong tenant with 5+ years remaining
- Site features a curbside pick-up and patio for added customer convenience
- 10% rental increases every five years, providing a hedge against inflation
- Strong operating history at this location
- Chuy’s (NASDAQ: “CHUY”) has an annual revenue of $396.5M and operates over 96 locations
- Texas is an income tax-free state
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,917 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.37 AC
Zoning
F1 - Commercial
Parking
64 Spaces (9.81 Spaces per 1,000 SF Leased)
Frontage
129’ on Eastex Fwy
AMENITIES
- Freeway Visibility
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 1260070010001 | Improvements Assessment | $919,445 |
| Land Assessment | $891,885 | Total Assessment | $1,811,330 |
PROPERTY TAXES
Parcel Number
1260070010001
Land Assessment
$891,885
Improvements Assessment
$919,445
Total Assessment
$1,811,330
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