12700 Interstate 45 N - Freestanding FOR SALE


Willis, TX 77378
$2,525,000 USD
404-441-3849
12700 Interstate 45 N, Willis, TX for Sale
$2,525,000 USD
Freestanding - FOR SALE
1/8
null | 5.74% Cap Rate

12700 Interstate 45 N
Willis, TX 77378


HIGHLIGHTS

  • EXCELLENT ACCESS & VISIBILITY ALONG I-45
  • PRIMARY RETAIL & COMMERCIAL CORRIDOR

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the ±9.0-year NNN Chili's Grill & Bar ground lease situated on 1.37 acres in Willis, Texas—part of the broader Houston-Pasadena-The Woodlands, TX MSA (Population: 7.62M+). Commenced in June 2025, the 5,136-squarefoot Chili's features a 10% rent increase in year 6 and in each of the four, 5-year renewal options. The restaurant saw a successful first year of sales, boosted by the area's existing customer demand.

FOR SALE DETAILS

PRICE

$2,525,000 USD

PRICE/SF

$492 USD /SF

CAP RATE

5.74%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chili's: Willis, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

4

APN/PARCEL ID

0313-01-01500

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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Christopher BosworthCBRE, Inc.More Info
404-441-3849

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