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815 Highway 96 S
Silsbee, TX 77656
Taco Bell - KFC · Retail Property For Sale
Investment Highlights
- 10 Years Remaining on Absolute Triple-Net (NNN) Lease with KFC/Taco Bell Franchisee
- Prime Redevelopment Opportunity
- Excellent Frontage Along Highway 96 South (15,000+ Cars per Day), Silsbee's Primary Thoroughfare Providing a Direct Route South to Beaumont
- 3,097-SF Building with a Drive-Thru on a 0.46-Acre Lot
- 49,550 Residents within a 10-Mile Radius in the Beaumont MSA - Households and Population Projected to Increase ±5% in the Surrounding Area by 2030
- Surrounded by National Retailers: Walmart Supercenter, Sonic Drive-In, Walgreens, McDonald's, CVS, and More
Executive Summary
Silsbee is a town in Hardin County, located in southeast Texas roughly 95 miles east of Houston, Texas and 70 miles west of Lake Charles, Louisiana. Home to approximately 7,000 residents, Silsbee is part of the Beaumont-Port Arthur metropolitan area.
Emerge Inc. specializes in partnering with brands and operators to discover, uncover, and recover restaurants through a focus on people, assets, and profits. Founded in 2009, Emerge operates nearly 180 restaurants across four brands: 28 Taco Bell locations, 79 Pizza Hut locations, 53 Sonic locations, and 19 KFC locations. Emerge has over 3,100 employees across its network and produces approximately $200 million in annual revenue.
Emerge Inc. specializes in partnering with brands and operators to discover, uncover, and recover restaurants through a focus on people, assets, and profits. Founded in 2009, Emerge operates nearly 180 restaurants across four brands: 28 Taco Bell locations, 79 Pizza Hut locations, 53 Sonic locations, and 19 KFC locations. Emerge has over 3,100 employees across its network and produces approximately $200 million in annual revenue.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,097 SF
Building Class
B
Year Built
2006
Price
$1,500,000
Price Per SF
$484.34
Cap Rate
7.10%
NOI
$106,480
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.67 AC
Opportunity Zone
Yes
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 000019-015105 | Improvements Assessment | $365,959 |
| Land Assessment | $40,686 | Total Assessment | $406,645 |
Property Taxes
Parcel Number
000019-015105
Land Assessment
$40,686
Improvements Assessment
$365,959
Total Assessment
$406,645
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