Retail Space /TX /Harris County /Baytown /2120 N Alexander Dr
Retail Space /TX /Harris County /Baytown /2120 N Alexander Dr

2120 N Alexander Dr - Fast Food FOR SALE


Baytown, TX 77520 | 
$842,000 USD
512-482-5546
2120 N Alexander Dr, Baytown, TX for Sale
$842,000 USD
Fast Food - FOR SALE
1/4
null | 7% Cap Rate
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2120 N Alexander Dr
Baytown, TX 77520

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HIGHLIGHTS

  • The property is adjacent to Taco Bell, across the street from Burger King, and as an out-parcel of the Bay Plaza Shopping Mall.
  • Baytown, Texas is a growing city in the Houston MSA located in Harris County with a proximity of 25 miles to Houston, Texas.
  • One remaining 5-year option with a 10% increase

OVERVIEW

Absolute NNN ground-leased drive-thru Popeyes Louisiana Kitchen with no landlord responsibilities located at 2120 N Alexander Drive in Baytown, Texas. The tenant recently executed its upcoming second, 5-year option early and has one more remaining 5-year option with a 10% increase.

FOR SALE DETAILS

PRICE

$842,000 USD

PRICE/SF

$526 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

MU

APN/PARCEL ID

0881360000023

ASK ABOUT THIS PROPERTY

Adam RabinCBREMore Info
512-482-5546

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Adam RabinCBREMore Info
512-482-5546

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