3503 S Sam Houston Pkwy E - Freestanding FOR SALE


Houston, TX 77047
$5,240,000 USD
714-393-2552
3503 S Sam Houston Pkwy E, Houston, TX for Sale
$5,240,000 USD
Freestanding - FOR SALE
1/8
null | 7% Cap Rate

3503 S Sam Houston Pkwy E
Houston, TX 77047


HIGHLIGHTS

  • 100% Occupied | Diverse Tenant Lineup | Excellent Visibility and Access | Experienced 125+ Unit Operator
  • Dense Retail Corridor | Along Arterial Thoroughfare |Near Major Interchange | Heavily Traveled Trade Area
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

SRS National Net Lease is pleased to present the opportunity to acquire the fee simple interest interest (land & building ownership) in the Beltway 8 Plaza located in Houston, Texas. The center consists of a diverse, ecommerce resistant tenant lineup comprised of retail, restaurant, and service tenants, creating a stabilized income stream for a future investor in an income tax free state. Popeyes is equipped with a drive thru and operated by Z&H Foods, an experience franchisee currently operating over 125 units. All the tenants operate under leases which are NNN in nature, minimizing expense leakage for a future investor.

FOR SALE DETAILS

PRICE

$5,240,000 USD

PRICE/SF

$327 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes Anchored Strip Center | 100% Occupied

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

Commercial

APN/PARCEL ID

1380630010002

ASK ABOUT THIS PROPERTY

Joe ChichesterSRS National Net LeaseMore Info
714-393-2552

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Joe ChichesterSRS National Net LeaseMore Info
714-393-2552

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