NWC of I-10 & John Martin rd - Restaurant FOR SALE
Baytown, TX 77521 |
$4,260,869 USD
214-935-1446
NWC of I-10 & John Martin rd
Baytown, TX 77521
HIGHLIGHTS
- Brand New Construction, 15-Year Abs. NNN Corp. Lease with 10% Rental Increases Every 5 Yrs., Plus (4), 5-Yr. Options to Renew
- Located on the NWC of Interstate 10 (93,000+ VPD) & John Martin Road (9,200+ VPD), 20 Miles East of Downtown Houston
- Situated off of a Heavily-Trafficked Exit from I-10, Across from a Buc-ee’s, Next door to Chick-fil-A and 7-Eleven
- There are 96,316 Residents Living w/in a 5-Mile Radius, Which is Estimated to Reach 103,000+ by 2028, and an Average Household Income of $91,087
- Black Bear Diner has 156 Locations and have 14 New Restaurants Planned for 2024
- Baytown | 4th Largest City in the Houston MSA | MSA Population: 7.34M+
FOR SALE DETAILS
PRICE
$4,260,869 USD
PRICE/SF
$854 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Black Bear Diner
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.12 AC
LAND SF
48,787 SF
ZONING
-
APN/PARCEL ID
1417540010001
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214-935-1446
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214-935-1446
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