Vacant Retail 6705 Fondren Rd

6705 Fondren Rd , Houston, Texas, 77036 | 2,550 sq.f | $ 1,075,000

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About This Restaurant

Investment Highlights

Redevelopment Potential ? Former quick service restaurant with a drive thru and large parking lot to accommodate a large customer base. Attractive Demographics ? Over ?483,270 people in a 5-mile radius with an average household income of $112,230. Across the Street from St. Agnes? Athletic Complex ? This property is located across the street from a private school athletic facility. Strategic Positioning ? Out parceled to PlazAmericas Mall which has over 125 stores and sees 3,200,000 visitors every year. Highly Trafficked Street ? Located on Fondren (?28,000 VPD) and Bellaire Blvd (?45,000 VPD).

Executive Summary

Broker of RecordKyle MatthewsLicense No. 9005919 (TX)(866) 889-0550Matthews Real Estate Investment Services, Inc8300 Douglas Ave.,Ste. 750, Dallas, TX 75225

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Fast Food
  • Building Size    2,550
  • Building Class    B
  • Year Built    1972
  • Price    1,075,000
  • Price Per SF    422
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.12
  • Land Acres    0.48 AC

Property Taxes

Parcel Number 0930660000019 Improvements Assessment $314,220
Land Assessment $235,516 Total Assessment $549,736
Date Created: 2024-07-16 04:23:44 Last Updated: 2024-07-16 04:23:44
Address: 6705 Fondren Rd , Houston, Texas, 77036