14029-14039 FM 2100 Rd - Fast Food FOR SALE
Crosby, TX 77532 |
14029-14039 FM 2100 Rd
Crosby, TX 77532
HIGHLIGHTS
- Chick-Fil-A signed a corporate-backed 15 year Absolute NNN ground lease which is scheduled to commence in September of 2022 w/ 10% rent increases
- Burger King recently exercised their first option period extending their lease for an additional 10 years and includes 5% increases every 5 years
- The center is 100% leased to Sheffield Liquidation and Outlaw Ray’s Bar & Grill
- Significant upside potential with 75% of the income stream on below market rents
- Burger King lease is guaranteed by one of the largest Burger King operators nationally
- Adjacent to Walmart Supercenter
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Crosby Crossing in Houston MSA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
49762
STORIES
1
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
232
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
1156260010001
