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- LoopNet Team
253 Interstate 45 S
Huntsville, TX 77340
Taco Cabana (Ground Lease) · Retail Property For Sale
PROPERTY FACTS
AMENITIES
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ABOUT 253 INTERSTATE 45 S , HUNTSVILLE, TX 77340
Brand new 15-year Absolute NNN ground lease Taco Cabana with 10% rental increases in the base term and options. The subject property is located within a primary retail node in Huntsville, TX, with unobstructed views from I-45. The property is an outparcel to Target, Kroger, Academy, Ross and many more. Retail sales per capita in Huntsville, are 30% higher than the national average. Within Huntsville there is over $60 million of real estate development currently under construction. The subject property is located within the Ravenwood Village Shopping center. Other tenants within the shopping center include Target, Academy, Sears, Ross, Marshalls, Petco, Kroger, GNC, Whataburger, Panda Express, and many more. Located 1.5 miles from the subject property is Sam Houston State University, which has an enrollment of over 20,000 students and is one of the fastest growing universities in the state. The university employs over 4,000 people. A 5-minute drive from the asset is the headquarters of Texas Department of Criminal Justice, which employs over 11,500 people locally.
PROPERTY TAXES
| Parcel Number | 53470 | Improvements Assessment | $485,472 |
| Land Assessment | $495,280 | Total Assessment | $980,752 |
PROPERTY TAXES
