7754 W Bellfort Ave - Fast Food FOR SALE


Houston, TX 77071- Greater Fondren Southwest
$1,821,000 USD
949-903-8099
7754 W Bellfort Ave, Houston, TX for Sale
$1,821,000 USD
Fast Food - FOR SALE
1/10
null | 5.75% Cap Rate

7754 W Bellfort Ave
Houston, TX 77071
Greater Fondren Southwest


HIGHLIGHTS

  • Approximately 2 Years Remaining | Corporate Signed | Scheduled Rental Increases
  • NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • Fondren Southwest Village (304,000 SF) | Drive-Thru Equipped |Mayerland Plaza (1,167,000 SF) | Southway Plaza (230,000 SF) | Primary Retail Corridor
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NNN leased, corporate signed, freestanding Pollo Campero investment property located in Houston, Texas. The tenant, Pollo Campero has approximately 2 years remaining on their current lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NNN leased with minimal landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor in a no income tax state.

FOR SALE DETAILS

PRICE

$1,821,000 USD

PRICE/SF

$650 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pollo Campero | Corporate NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,513 SF

ZONING

-

APN/PARCEL ID

1064050000004

ASK ABOUT THIS PROPERTY

Jake PraterSRS National Net LeaseMore Info
949-903-8099

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Jake PraterSRS National Net LeaseMore Info
949-903-8099

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