14490 Memorial Dr - Retail FOR SALE
Houston, TX 77079 |
$2,371,000 USD
415-274-2715
14490 Memorial Dr
Houston, TX 77079
HIGHLIGHTS
- Brand-new 20-year absolute NNN lease
- 10% rental increases every 5 years during the primary term and option periods
- Hard corner location with significant visibility on Memorial Drive – 25,369 VPD
- Strong franchisee guaranty – HZ Coffee Group, LLC (150+ locations in TX, FL, and UT)
- Affluent residential demographics – average household incomes of $120,367 within a 1-mile radius of the subject property
- Adjacent to Kroger supermarket and surrounded by other major national retailers including McDonald’s, Chick-Fil-A, Raising Cane’s, and Chase Bank
FOR SALE DETAILS
PRICE
$2,371,000 USD
PRICE/SF
$1,220 USD /SF
CAP RATE
4.85%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dunkin'
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.34 AC
LAND SF
14,810 SF
ZONING
-
APN/PARCEL ID
1043000000006
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415-274-2715
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415-274-2715
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