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Executive Summary

New 20 Year Taco Bell Ground Lease within Kroger Anchored Center
$90k/yr NOI with 10% Rent Bumps every 5 years. 4 Five Year renewals after the initial 20-year term
Property has already been subdivided, Tenant opened for business on 11/21/25 with rent commencing on 1/1/26.

Financial Summary (Actual - 2026)

Annual Annual Per AC
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $90,000 $230,769.23

Financial Summary (Actual - 2026)

Gross Rental Income
Annual -
Annual Per AC -
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual -
Annual Per AC -
Net Operating Income
Annual $90,000
Annual Per AC $230,769.23

Property Facts

Price $1,700,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Ground Lease (Leased Fee)
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Fast Food
  • Restaurant
Total Lot Size 0.39 AC

1 Lot Available

Lot

Price $1,700,000
Price Per AC $4,358,974.36
Lot Size 0.39 AC

.39 AC parcel carved out of Kroger's parking lot.

Description

New 20 Year Taco Bell Ground Lease within Kroger Anchored Center. .39 AC parcel carved out of Kroger's parking lot.

Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
  • Listing ID: 38626171

  • Date on Market: 12/2/2025

  • Last Updated:

  • Address: 6360 Eldridge Pkwy, Houston, TX 77041

Contact the Sale Advisor

6360 Eldridge Pkwy - Taco Bell Ground Lease

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