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785 Texas Avenue
Bridge City, TX 77611
Sonic - 15 Year SLB,4.41% RTS - Columbus, KS · Retail Property For Sale
Investment Highlights
- New 15 Year Absolute Triple Net (NNN) Lease
- 10% Rent Increases Every 5 Years Allowing Investors to Hedge Against Inflation
- Emerge Inc. is a Growing Operator With 124-Units Across Four Brands (28-Unit Guaranty)
- Brand New 2021 Construction
- Strong Sales Performance With Healthy Rent-to-Sales Ratio
- Sustainable and Stabilized Rent at $22.93/SF
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,200 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.95 AC
Zoning
C-3 - Commercial. QSR Fast food.
Parking
33 Spaces (15 Spaces per 1,000 SF Leased)
Frontage
246’ on Texas Avenue
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 003831-000200 | Improvements Assessment | $313,109 |
| Land Assessment | $46,555 | Total Assessment | $359,664 |
Property Taxes
Parcel Number
003831-000200
Land Assessment
$46,555
Improvements Assessment
$313,109
Total Assessment
$359,664
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