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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
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 $99,384.48
Cap Rate 5.75%
Property Facts
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 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 1262020010001 | Improvements Assessment | $521,588 |
| Land Assessment | $174,330 | Total Assessment | $695,918 |
Property Taxes
Presented by
739 N Sam Houston Pky E
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