9540 FM 1960 Bypass Rd E - Fast Food FOR SALE


Humble, TX 77338- Lake Houston
$2,662,000 USD
469-694-4189
9540 FM 1960 Bypass Rd E, Humble, TX for Sale
$2,662,000 USD
Fast Food - FOR SALE
1/8
null | 5% Cap Rate

9540 FM 1960 Bypass Rd E
Humble, TX 77338
Lake Houston


HIGHLIGHTS

  • 2015 Construction 3,010+/- SF Building On 0.37+/- Acre Site
  • High-Traffic Location On FM 1960 Bypass With Over 46,500 VPD
  • Positioned Adjacent To Deerbrook Mall With National Co-Tenants Including Walmart Target And Home Depot
  • Major Institutional Demographic Base Anchored By The Texas Medical Center And Nearly 5 Million Harris County Workers
  • El Pollo Loco Is A Publicly Traded Nasdaq LOCO Operator With 499 System-Wide Locations
  • Humble TX | Located In The Houston-The Woodlands-Sugar Land MSA Nation’s 5th Most Populous Metro | MSA Population: 7.9 Million

OVERVIEW

20-Year Absolute NNN Ground Lease w/ 10% Rental Increases Every 5 Years

FOR SALE DETAILS

PRICE

$2,662,000 USD

PRICE/SF

$887 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

El Pollo Loco

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

0470770000103

ASK ABOUT THIS PROPERTY

Kyle VarniSecure Net LeaseMore Info
469-694-4189

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Kyle VarniSecure Net LeaseMore Info
469-694-4189

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