17111 SH 249 PKY 17111 State Highway 249

17111 State Highway 249 , Houston, Texas, 77064 | 6,043 sq.f | $ 4,350,000

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About This Restaurant

Investment Highlights

Just off Highway 249, ensuring maximum exposure and easy access for customers. Prime corner lot position enhances visibility and offers additional opportunities for branding and marketing initiatives. Benefit from immediate returns with a long-term tenant boasting a proven track record of success, providing stability and reliability for investors.

Executive Summary

Presenting a prime commercial property with an established tenant, this corner lot gem boasts the perfect location for success. Situated just off Highway 249, this restaurant space enjoys high visibility and easy access, making it a favored destination for locals and travelers alike. The property's strategic position ensures steady foot traffic and maximum exposure, ideal for businesses seeking to thrive in a dynamic market. Featuring a long-term tenant with a proven track record of success, this turnkey investment promises immediate returns and long-lasting value. The restaurant's popularity and loyal customer base ensure a stable income stream, offering investors peace of mind and a lucrative opportunity to capitalize on a thriving business. Don't miss out on this rare chance to acquire a profitable restaurant property in a high-demand area. Schedule a viewing today and unlock the potential of this exceptional investment.https://www.houstonchronicle.com/news/houston-texas/article/top-alcohol-sellers-woodlands-katy-pearland-18665205.php

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    6,043
  • Building Class    C
  • Year Built/Renovated    2002/2013
  • Price    4,350,000
  • Price Per SF    720
  • Cap Rate    6.67
  • NOI    290,145
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.07
  • Land Acres    1.98 AC

Amenities

  • Corner Lot
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Air Conditioning

Nearby Amenities & Transportation

Retail Brick House Tavern + Tap
Retail Boston Pizza
Retail Buffalo Wild Wings
Retail Saltgrass Steak House
Retail 24 Hour Fitness
Retail Denny's
Retail Hooters
Retail Starbucks
Retail Villa Italian Kitchen
Retail Sarku Japan

Property Taxes

Parcel Number 1197230010002 Improvements Assessment $1,295,625
Land Assessment $1,086,564 Total Assessment $2,382,189
Date Created: 2024-07-16 04:23:41 Last Updated: 2024-07-16 04:23:41
Address: 17111 State Highway 249 , Houston, Texas, 77064