14447 US Highway 59 - Retail FOR SALE
Splendora, TX 77372 |
$1,684,211 USD
713-408-8555
14447 US Highway 59
Splendora, TX 77372
HIGHLIGHTS
- Best in Class Brand | Strong Operator with Approximately 180 Taco Bell, Sonic, KFC and Pizza Hut Locations Throughout 5 States
- With frontage along Interstate 69, just north of its convergence with FM 2090, the Property benefits from direct exposure to a combined 72,000 VPD
- The 20-year Absolute NNN Ground Lease is estimated to commence in Summer 2025, allowing investors to capitalize on nearly the entire lease term.
- Montgomery County is ranked as the 7th fastest growing county in Texas, with its population more than doubling in the last twenty years.
- From July 2023 to July 2024, the County saw 4.8% population growth, while the average percentage growth across 3,000 counties in the U.S. was 0.4%.
FOR SALE DETAILS
PRICE
$1,684,211 USD
PRICE/SF
$800 USD /SF
CAP RATE
4.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Taco Bell Ground Lease
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.54 AC
LAND SF
23,522 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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713-408-8555
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713-408-8555
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