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24530 Tomball Pky
Tomball, TX 77375
Texas Roadhouse (Ground Lease) · Retail Property For Sale
Investment Highlights
- Tenant is Paying Well Below Market Rents at $12.10 per Square Foot
- Tenant Recently Renewed a 5-Year Option to Extend the Lease, Displaying Their Commitment to the Site
- Freeway Site – Outparcel to the Regal Movie Theatre and a (Planned) Main Event Entertainment Center
- 5.4 Years Remaining on an Absolute Net Lease with a Corporate Guarantee from Texas Roadhouse Holdings, LLC
- Direct Access to Tomball Parkway Toll Road (104,863 VPD) Service Road
- Average Household Income of Nearly $135,680 and 113% Population Growth Since 2000 (Five-Mile Radius)
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,995 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.02 AC
Zoning
None
Parking
74 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
135’ on Tomball Pky
Amenities
- Freeway Visibility
- Pylon Sign
Property Taxes
| Parcel Number | 1330350010003 | Improvements Assessment | $1,310,884 |
| Land Assessment | $666,465 | Total Assessment | $1,977,349 |
Property Taxes
Parcel Number
1330350010003
Land Assessment
$666,465
Improvements Assessment
$1,310,884
Total Assessment
$1,977,349
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