About This Restaurant
Investment Highlights
Bite Sized Deal: Low PSF price and reasonable rent. Spencer Highway carries nearly 32,000 VPD and Watters Road is less than 1.5 miles from Beltway 8. Located near a hard corner on Spencer Highway, a major east-west thoroughfare, in a dense corridor of Pasadena. Black Rock Coffee Bar, established in 2008, now operates over 105 locations nationwide.
Executive Summary
Black Rock Coffee Bar for sale strategically located near grocery-anchored retail and the entrance to Bayshore Medical Center.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food
- Building Size 3,081
- Building Class B
- Year Built 2017
- Price 1,714,000
- Price Per SF 556
- Cap Rate 5.25
- NOI 90,000
- Percent Leased 100
- Building Height 1 Story
- Building FAR 0.07
- Land Acres 0.98 AC
Nearby Amenities & Transportation
| Retail | Casa Ole | ||
| Retail | Taco Bueno | ||
| Retail | Comerica | ||
| Retail | Denny's | ||
| Retail | Golden Corral | ||
| Retail | Jason's Deli | ||
| Retail | IHOP | ||
| Retail | Frost Bank | ||
| Retail | Kroger | ||
| Retail | Starbucks |
Property Taxes
| Parcel Number | 1168740050005 | Improvements Assessment | $588,490 |
| Land Assessment | $1,038,556 | Total Assessment | $1,627,046 |
| Date Created: | 2024-07-16 04:23:45 | Last Updated: | 2024-07-16 04:23:45 |
| Address: | 4030 Spencer Hwy , Pasadena, Texas, 77504 | ||