11527 N Sam Houston Pky E - Fast Food FOR SALE


Humble, TX 77396- Lake Houston
$1,950,000 USD
408-510-9057
11527 N Sam Houston Pky E, Humble, TX for Sale
$1,950,000 USD
Fast Food - FOR SALE
1/3
null | Request Cap Rate

11527 N Sam Houston Pky E
Humble, TX 77396
Lake Houston


HIGHLIGHTS

  • 2nd-Generation QSR with Existing Drive-Thru Infrastructure
  • ±2,060 SF Building on ±1.35-Acre Lot, Built in 2006
  • Ideal for Owner-Users or Franchise Repositioning
  • High-Visibility Beltway 8 Location (±21,416 VPD) Near N Sam Houston Tollway (±57,491 VPD)
  • Affluent 3-Mile Trade Area with $152,404 Average Household Income and 79,971 Residents
  • $145 Million in Annual Food-Away-From-Home Expenditures Within 3 Miles

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a former Popeyes drive-thru restaurant at 11527 N Sam Houston Parkway East in Humble, Texas, offered at $1,950,000 or $130K/Yr NNN Lease. The ±2,060-square-foot building, constructed in 2006, sits on a ±1.35-acre lot and is ideal for owner-users, franchise operators, or investors seeking a second-generation QSR. The existing layout and dedicated drive-thru lane significantly reduce build-out costs and time-to-open compared to ground-up construction, making it an attractive repositioning opportunity for a wide range of quick-service and fast-casual concepts. The property is positioned along N Sam Houston Parkway East (Beltway 8, ±21,416 VPD) with proximity to N Sam Houston Tollway (±57,491 VPD), providing high-visibility exposure along one of Northeast Houston's primary transportation corridors. Corridor neighbors include Walmart, Subway, CVS, Dutch Bros, and Dollar Tree. The 3-mile trade area supports 79,971 residents with an average household income of $152,404 and approximately $145 million in annual food-away-from-home expenditures. The site is located near Generation Park, a 4,300-acre master-planned mixed-use development, and within proximity to Summer Creek High School (4,118 students). Houston is the largest MSA in Texas and the 5th largest in the nation with over 7.85 million residents, supporting strong long-term fundamentals through continued residential and commercial growth in Northeast Houston.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$898 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2nd Gen QSR w/ Drive-Thru | For Sale or Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,710 SF

ZONING

-

APN/PARCEL ID

1275960020002

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.