7011 Gulf Fwy
Houston, TX 77087
Burger King · Retail Property For Sale

The Property is leased to Houston Foods, Inc, a Texas Corporation, a subsidiary of Dhanani Group of Companies, Inc. which is the third largest restaurant franchisee in America. Burger King is newly constructed and recently opened in January 2020. The base term of the corporate ground lease is 20 years and includes 10% rent increases every 5 years during the initial 15-year base lease term and the 5, 5-year option periods. The lease is absolute NNN with no landlord responsibilities. Burger King is located along Interstate 45, a major north-south arterial in the Houston MSA, with visibility to 272,000+ cars per day. The Property is adjacent to multiple national QSR chains including: Raising Cane’s and Popeyes. Additionally, Burger King is across from a dense retail hub featuring several national retailers including: H-E-B, Best Buy, Party City, Ross Dress For Less, Marshalls, Old Navy, The Home Depot, Office Depot among others. Further, The Property is conveniently located 3.30 miles from William P. Hobby Airport, a major international airport for the Houston MSA, with over 14.5 million passengers in 2018.