10112 Bissonnet St - Freestanding FOR SALE


Houston, TX 77036
$2,400,000 USD
858-373-3184
10112 Bissonnet St, Houston, TX for Sale
$2,400,000 USD
Freestanding - FOR SALE
1/10
null | 5.25% Cap Rate

10112 Bissonnet St
Houston, TX 77036


HIGHLIGHTS

  • 20 Year Absolute Net Ground Sale Leaseback Featuring 7.5% Rental Increases Every 5 Years throughout the Initial Term & Options.
  • This Location Features a Drive-Thru. Positioned Along Area’s Major Traffic, Industrial & Retail Corridor - Easy Access & Excellent Visibility.
  • Extremely Dense Houston Submarket w/ over 501k People Residing w/in a 5-Mile Radius. Strong Daytime Employment Area
  • In Close Proximity to Numerous National Retailers Including Walmart Supercenter, H-E-B, Sun’s Wholesale Club, Viet Hoa International Foods, etc
  • A Short Drive from Houston Christian University - a Private Baptist University that Offers more than 130 Degrees.
  • The Site Benefits from its Close Proximity to Downtown Houston - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants.

OVERVIEW

Extremely Dense Houston Submarket: 501k People Residing w/in a 5-Mile Radius | High Traffic Counts | Strong Daytime Employment Area | Immediate Access to/from Sam Houston Tollway | Minutes from Major Medical Center and University

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$1,019 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

POPEYES w/ D-THRU | 20YR NNN GROUND LEASEBACK

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

-

APN/PARCEL ID

1279820010001

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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