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4705 Inker St
Houston, TX 77007
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,210 SF
Building Class
B
Year Built/Renovated
2001/2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.53
Lot Size
0.23 AC
Zoning
None
Parking
45 Spaces (8.64 Spaces per 1,000 SF Leased)
Frontage
62’ on Inker St

AMENITIES

  • Pylon Sign

ABOUT 4705 INKER ST , HOUSTON, TX 77007

Marcus & Millichap is pleased to offer Ginger & Fork NNN (the "Property") for your consideration. Consisting of a NNN leased, 5,248 square foot restaurant in Houston, Texas, this offering is distinctive due to the structure of its lease, its excellent location and its below market rent. In addition to providing minimal landlord responsibility, the property's lease delivers two percent rent increases every year for the nine plus years remaining on its primary term, as well as in its two (five year) option periods. Aside from enabling an investor the opportunity to realize additional yield from this investment every year, the rent increases also provide an attractive hedge against inflation. Furthermore, Ginger & Fork benefits from an excellent location just off Shepherd Drive, a mere two blocks south of Interstate 10 in the heart of one of Houston's most heavily traveled entertainment districts. Popular establishments surrounding the property include Cadillac Bar, The Spaghetti Western Italian Cafe, Pizzitola's Bar-B-Cue, Cyclone Anaya's Mexican Kitchen, Lupe Tortilla and Plucker's Wing Bar among many others. Ginger & Fork NNN offers an investor a combination of annual structured upside and minimal downside rarely found in single tenant assets. When coupled with its stellar location, the attributes of this property create a unique and compelling investment opportunity.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0072800000011
Land Assessment
$300,060
Improvements Assessment
$793,862
Total Assessment
$1,093,922
  • Listing ID: 4640029

  • Date on Market: 10/18/2016

  • Last Updated:

  • Address: 4705 Inker St, Houston, TX 77007

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