2050 I-45 - Restaurant FOR SALE
Conroe, TX 77301 |
$3,102,041 USD
858-373-3184
2050 I-45
Conroe, TX 77301
HIGHLIGHTS
- Long Term Absolute Net Ground Lease (Zero Landlord Responsibilities) feat. 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Recently Invested over $1.5M in Renovations at this Site, highlighting its Long-Term Commitment to the Location.
- Prime Location along Interstate 45 with Strong Traffic Counts and Excellent Visibility, positioned within Conroe’s Primary Retail Corridor.
- Interstate 45 Captures High Volume Daily Commuter Traffic between Houston, Conroe, and The Woodlands.
- Chiba Hot Pot is a Popular All-You-Can-Eat Dining Destination Offering an Interactive Experience where Fresh Ingredients.
- Benefiting from Strong Daytime Population supported by Nearby Office Users, Medical Facilities, Retail Employment Hubs, and Industrial Distribution.
OVERVIEW
Chiba Hot Pot | Absolute Net Ground Lease | Over $1.5M Invested in Recent Renovations | Prime Location along Interstate 45 | Popular All-You-Can-Eat Dining Destination | Within Conroe’s Primary Retail Corridor | Located Just North of The Woodlands | Densely Populated and Affluent Area | Strong Daytime Population
FOR SALE DETAILS
PRICE
$3,102,041 USD
PRICE/SF
$452 USD /SF
CAP RATE
7.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
POPULAR ALL-YOU-CAN-EAT DINING | NNN GROUND
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
75
LAND DETAILS
LAND ACRES
0.41 AC
LAND SF
17,860 SF
ZONING
1
APN/PARCEL ID
7923-00-00710
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858-373-3184
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858-373-3184
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
