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222 E Parkwood Ave
Friendswood, TX 77546
Retail Property For Sale
Investment Highlights
- Absolute NNN Lease: Tenant is responsible for 100% of all costs, repairs, and maintenance, including roof & structure
- 15 Years Remaining on Primary Lease Term with 10% Rent Increases Every 5 Years
- Internet and Pandemic Resistant: Fast food assets with drive-thru capability are widely regarded as one of the most robust product types
- Fee Simple Ownership: Owner can increase after tax cash-flow by depreciating the building improvements
- Operated by Experienced KFC Franchisee with Over 131 Fast Food Locations and Featuring a Personal Lease Guaranty
- Well Located Property: Located on E. Parkwood Drive, one of the area’s main thoroughfares with over 29,000 CPD
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,057 SF
Building Class
B
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.69 AC
Zoning
CSC
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 6548-0000-0001-000 | Improvements Assessment | $501,020 |
| Land Assessment | $822,360 | Total Assessment | $1,323,380 |
Property Taxes
Parcel Number
6548-0000-0001-000
Land Assessment
$822,360
Improvements Assessment
$501,020
Total Assessment
$1,323,380
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