3000 Woodridge Dr - Freestanding FOR SALE
Houston, TX 77087 |
$3,805,300 USD
858-373-3184
3000 Woodridge Dr
Houston, TX 77087
HIGHLIGHTS
- Absolute Net Lease Featuring Above Average Increases (Greater of 15% or CPI) at Each Option. 13+ Year Historical Occupancy.
- Positioned Along Area’s Major Retail & Traffic Corridor: Equipped with a large Pylon Sign - Features Excellent Visibility & Easy Access.
- Nearby On/Off Ramp Access to both Interstate-610 (180k+ VPD) and Interstate-45 (196k+ VPD), two Heavily Traveled Commuter Thoroughfares.
- Excellent Demographics - Densely Populated Area: Features 327k+ People Residing within a 5-Mile Radius. 1.9k+ Apartment Units within 1-Mile Radius.
- Pad Site to Lowe’s & Adjacent to Gulfgate Center - a 805k+ SF Power Center anchored by H-E-B, Lowe’s Home Improvement, Marshalls, Ross, etc
- Site is located within the Opportunity Zone - An Investment Program that Offers Tax Incentives through a Qualified Opportunity Fund.
OVERVIEW
Corp. Taco Palenque w/ Drive-Thru | Absolute Net Lease | Rare Above Average Increases | 13+ Year Historical Occupancy | Signalized Hard Corner | Large Pylon Sign | Near I-610 & I-45 | Densely Populated Area | Pad Site to Lowe’s & Adjacent to H-E-B Anchored Power Center | Minutes from University of Houston | Opportunity Zone
FOR SALE DETAILS
PRICE
$3,805,300 USD
PRICE/SF
$825 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CORP. FAST CASUAL MEX. RESTAURANT W/ DR-THRU
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
34
LAND DETAILS
LAND ACRES
0.76 AC
LAND SF
33,106 SF
ZONING
None
APN/PARCEL ID
0450660010121
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858-373-3184
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858-373-3184
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