4946 Highway 6 N - Fast Food FOR SALE
Houston, TX 77084 |
$1,663,905 USD
408-510-9057
4946 Highway 6 N
Houston, TX 77084
HIGHLIGHTS
- Nearly 9-Years Remaining on Absolute NNN Lease With Zero Landlord Responsibilities
- 10% Rent Increases Every 5 Yrs Plus Percentage Rent | Percentage Rent Kicks In at 8% of Sales Over Breakpoint if Annual Sales Exceed Prior Year by 5%
- Nearby Signalized Hard Corner With Nearly 50K VPD at Highway 6 and Kieth Harrow Blvd
- Located in Densely Populated Northwest Houston With 300K+ Residents and 100K+ Employees Nearby
- Franchisee Operates 120+ Popeyes Units and Was Named 2024 & 2025 Popeyes Franchisee of the Year
- Part of Restaurant Brands International (NYSE: QSR) – $6.8B Revenue, 3,700+ Popeyes Locations Globally
FOR SALE DETAILS
PRICE
$1,663,905 USD
PRICE/SF
$765 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Popeyes
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
29
LAND DETAILS
LAND ACRES
0.21 AC
LAND SF
8,943 SF
ZONING
N/A
APN/PARCEL ID
1164900000005
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408-510-9057
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408-510-9057
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