18002 Highway 59 - Restaurant FOR SALE


Humble, TX 77396- Lake Houston
$2,774,000 USD
713-263-3981
18002 Highway 59, Humble, TX for Sale
$2,774,000 USD
Restaurant - FOR SALE
1/3
null | 5.75% Cap Rate

18002 Highway 59
Humble, TX 77396
Lake Houston


HIGHLIGHTS

  • 2025 Construction. 2,225+/- SF Building on 1.021+/- Acre Site
  • Located Right off of Interstate 69 (53,700+ VPD), Near the Corner of Will Clayton Pkwy (10,300+ VPD)
  • Strategically Positioned Adjacent to George Bush Intercontinental Airport (48.4 Million Passengers/Year)
  • High Growth Trade Area: 132,885 Residents Living w/in 5-Mile Radius w/ Avg. HH Income of $102,110+
  • Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World, Ranked Most Valuable Brand Globally for 8 Years
  • Humble | Located in Houston, Largest City in Texas | Houston Population: 2.31M+

OVERVIEW

New Construction Site with 10 Year Net Lease, 10% Rental Escalation the Primary Term and (4) 5-Year Option Periods

FOR SALE DETAILS

PRICE

$2,774,000 USD

PRICE/SF

$1,247 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

-

APN/PARCEL ID

1354030010003

ASK ABOUT THIS PROPERTY

Edward BentonSecure Net LeaseMore Info
713-263-3981

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Edward BentonSecure Net LeaseMore Info
713-263-3981

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