25661 N US 59 - Fast Food FOR SALE
Kingwood, TX 77339 |
$3,978,500 USD
858-373-3184
25661 N US 59
Kingwood, TX 77339
HIGHLIGHTS
- 15 Year NNN Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Chipotle is one of the Largest Mexican Restaurant Chains in the U.S. in terms of Sales and Number of Locations
- Premier I-69 / US-59 Freeway Position – The Property Sits Directly Along Northeast Houston’s Primary Commuter Artery Near Northpark Drive.
- Kroger Marketplace-Anchored Retail Node – The Property is Located within The Village at Northpark, a 24-Acre Shopping Center Anchored by Kroger.
- Directly Across from High-Traffic H-E-B – Positioned Across Northpark Drive from a Major H-E-B Grocery Store, Generating Consistent Daily Traffic.
OVERVIEW
Chipotle Mexican Grill w/ Drive Thru | 15 Year NNN Lease | 2026 Complete Exterior/Interior Renovation | Qualifies for Depreciation | Within The Village at Northpark - a 24-Acre Shopping Center Anchored by Kroger Marketplace | Directly Across from High-Traffic H-E-B | Premier I-69 / US-59 Freeway Position | Densely Populated and Affluent Area | Kingwood has experienced Consistent Population Growth over the past few Decades
FOR SALE DETAILS
PRICE
$3,978,500 USD
PRICE/SF
$1,367 USD /SF
CAP RATE
4.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
BRAND NEW CHIPOTLE w/ DR-THRU | 15 YEAR NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, Storefront, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
34
LAND DETAILS
LAND ACRES
0.68 AC
LAND SF
29,621 SF
ZONING
-
APN/PARCEL ID
7437-00-00402
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
858-373-3184
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
858-373-3184
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
