$1,752,500 USD
858-373-3184
3040 Ella Blvd
Houston, TX 77018
Oak Forest-Garden Oaks
HIGHLIGHTS
- Absolute Net Lease Featuring 10% Rental Increases At Each Option. Recent Lease Extension.
- 60+ Year Historical Occupancy as a Burger King at this Location Demonstrating Long Term Commitment.
- 2014 Renovation by the Tenant to New Prototype Building.
- The Tenant is a Subsidiary of the Dhanani Group, one of the Largest Restaurant Franchisee in the U.S., Dhanani Operates more than 900 Stores,
- Strong Daytime Employment Area - Near Numerous Established Corporate HQ’s, Business Parks, Regional Office Spaces, Distribution Centers, etc.
- Recognized as America’s Best Burger King – This location Achieved a Top National Ranking.
OVERVIEW
Burger King w/ Drive Thru | Absolute Net Lease | 60+ Year Historical Occupancy as a Burger King | Recent Lease Extension | Immediate Access I-610 & US-290 | Strong Regional Connectivity Houston Growth Corridor | Near Memorial Hermann Hospital | Densely Populated and Affluent Area: $148k+ Avg. HHI | Strong Daytime Employment Area
FOR SALE DETAILS
PRICE
$1,752,500 USD
PRICE/SF
$794 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
BURGER KING w/ DR-THRU | ABSOLUTE NET LEASE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1965
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.8 AC
LAND SF
35,000 SF
ZONING
None
APN/PARCEL ID
0831010000355
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858-373-3184
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858-373-3184
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