10905 W Fairmont Pky - Fast Food FOR SALE


La Porte, TX 77571
$1,600,000 USD
832-877-5545
10905 W Fairmont Pky, La Porte, TX for Sale
$1,600,000 USD
Fast Food - FOR SALE
1/15
null | Request Cap Rate

10905 W Fairmont Pky
La Porte, TX 77571


OVERVIEW

The property is situated on 1.67 acres of land, with 6000 square feet of real estate built in 2015.There are two buildings; first is a retail center that can host multiple tenants and the second is a 1860 square feet Quick Service Restaurant with a drive-thru. There is a 1300 square feet previous liquor store which is vacant currently and 900 square feet shell space adjacent to the retail center. The stores are anchored by 3800 square feet Texaco Gas Station. Grab the opportunity to acquire real estate and business operations of three well-established businesses and the potential to lease the un-utilized space to increase NOI. This property offers investors a significant opportunity to cash flow from day one, bolster profitability and capitalize on both immediate and long-term returns. Owner might consider to sell Quick Service Restaurant separately for $1.6M. Short term owner financing might be possible.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$457 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Church's Chicken

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,527 SF

ZONING

-

APN/PARCEL ID

1277940010001

ASK ABOUT THIS PROPERTY

John VarghesePrompt Realty and Mortgage IncMore Info
832-877-5545

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John VarghesePrompt Realty and Mortgage IncMore Info
832-877-5545

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