707 N Highway 36 | Brazoria, TX 77422
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707 N Highway 36
Brazoria, TX 77422
Sonic | Brazoria TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 14 Years Remaining on an Absolute Triple Net (NNN) Lease
- Strong Sales Performance With Healthy Rent-to-Sales Ratio
- Pandemic Proof of Concept
- 10% Rent Increases Every 5 Years With Additional Bonus Rent (7% of Gross Sales Over Base Rent)
- Emerge! Inc. is a Growing Operator With 168-Units Across Four Brands
- Texas is an Income Tax-Free State
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
1,522 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.56 AC
Zoning
Commercial - Commercial Zoned District
PROPERTY TAXES
| Parcel Number | 2040-0758-000 | Improvements Assessment | $905,370 |
| Land Assessment | $94,630 | Total Assessment | $1,000,000 |
PROPERTY TAXES
Parcel Number
2040-0758-000
Land Assessment
$94,630
Improvements Assessment
$905,370
Total Assessment
$1,000,000
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