104 Highway 332 W - Restaurant FOR SALE


Lake Jackson, TX 77566
$2,600,000 USD
949-698-1115
104 Highway 332 W, Lake Jackson, TX for Sale
$2,600,000 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

104 Highway 332 W
Lake Jackson, TX 77566


HIGHLIGHTS

  • Direct On/Off Ramp Access - Nolan Ryan Expressway (57,000+ VPD) | Excellent Visibility | Large Monument Sign | Signalized, Hard-Corner Intersection
  • Adjacent to Brazos Mall | Oyster Creek Apartments (201 Units) | Edgewater Apartments (228 Units) | Retail Corridor | Strong National/Credit Tenant Pre
  • Direct Consumer Base | Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a freestanding former Red Lobster investment property located in Lake Jackson, Texas (Houston MSA).

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$331 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Red Lobster | Value-Add

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

83

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,533 SF

ZONING

C1

APN/PARCEL ID

0019-0423-210

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
949-698-1115

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Patrick LutherSRS National Net LeaseMore Info
949-698-1115

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