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739 N Sam Houston Pky E 2,575 SF Retail Building Houston, TX 77060 For Sale
Investment Highlights
- Located less than 7 miles from George Bush Intercontinental Airport (IAH)
Executive Summary
Building Size ±2,575 SF
Land ±0.67 Acres
Year Built 2004
Lease Commencement May 5, 2006
Lease Expiration May 4, 2029
Renewal Options Three (5) year renewals
Rent Increases Every (5) years, historical increases of 8%
Roof and Structure Tenant
Guarantor Corporate
NOI $107,335.20
Cap Rate 5.75%
Land ±0.67 Acres
Year Built 2004
Lease Commencement May 5, 2006
Lease Expiration May 4, 2029
Renewal Options Three (5) year renewals
Rent Increases Every (5) years, historical increases of 8%
Roof and Structure Tenant
Guarantor Corporate
NOI $107,335.20
Cap Rate 5.75%
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,575 SF
Building Class
A
Year Built
2004
NOI
$107,335
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.67 AC
Opportunity Zone
Yes
Zoning
N/Ap, Houston
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- -
- Triple Net
- Apr 2024
Jack in the Box is a U.S.-based quick-service restaurant company founded in 1951 by Robert O. Peterson in San Diego, California. The company operates and franchises restaurants under the Jack in the Box and Del Taco brands, serving a diverse menu that includes burgers, tacos, breakfast sandwiches, and sides. Jack in the Box pioneered the use of the two-way intercom system for drive-thru service, a feature that became an industry standard. Today, the company maintains a significant presence in the Western United States and other select markets, with thousands of franchised and company-operated locations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | - | Triple Net | Apr 2024 |
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1262020010001 | Improvements Assessment | $521,588 |
| Land Assessment | $174,330 | Total Assessment | $695,918 |
Property Taxes
Parcel Number
1262020010001
Land Assessment
$174,330
Improvements Assessment
$521,588
Total Assessment
$695,918
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