1702 Nasa Pky - Fast Food FOR SALE


Houston, TX 77058- Nassau Bay
$2,632,000 USD
510-289-1166
1702 Nasa Pky, Houston, TX for Sale
$2,632,000 USD
Fast Food - FOR SALE
1/4
null | 4.75% Cap Rate

1702 Nasa Pky
Houston, TX 77058
Nassau Bay


HIGHLIGHTS

  • Brand New 20-Year Absolute NNN Lease to Largest Wendy’s Franchisee
  • Prime Signalized, Hard Corner Location on High-Traffic E NASA Pkwy (40,680 ADT) with 3 Access Points
  • Proven Operator - Haza Foods is the Largest Wendy’s Franchisee with 400+ Units
  • Adjacent to Major Tourism & Economic Drivers including Space Center Houston and NASA Johnson Space Center
  • 26 Miles from Downtown Houston with Dense, Affluent Demos: 198,328 Total Daytime Population & Average Household Income of $129,794
  • No State Income Tax in Texas

OVERVIEW

Brand new 20-year absolute NNN lease to Wendy’s, located at a prime signalized hard corner near NASA’s Johnson Space Center, and just 26 miles from Downtown Houston. The property is operated by Haza Foods, the largest Wendy’s franchisee with more than 400 locations nationwide. This location benefits from a highly trafficked corridor adjacent to major tourism, medical, and aerospace drivers. This property is listed in conjunction with Texas-licensed real estate broker Delta Commercial.

FOR SALE DETAILS

PRICE

$2,632,000 USD

PRICE/SF

$783 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,521 SF

ZONING

-

APN/PARCEL ID

0402110010006

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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Putnam DailyFisher James CapitalMore Info
510-289-1166

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