About This Restaurant
Investment Highlights
New 20-Yr. Ground Lease w/ 10% Rental Increases Every 5 Years in Primary Term and Renewal Options Near The Village at Riverstone, a 165,079 SF Shopping Center Anchored by Kroger & Includes Several National Tenants Salad and Go Has Been Featured in Numerous Publications, Including Refinery 29, Food & Wine, Business Insider, and 12News High Growth Trade Area ? Surrounded by Over 186,697 Residents Living Within 5-Mile Radius w/ Avg. HH Income of $135,089 Located in the Heart of Riverstone Neighborhood, a 3,700 Acre Upscale Master Planned Community that Houses 18,000+ Residents Sugar Land | Ranked as One of the ?Top Cities in Texas? for Business Relocation & Expansion | Population: 118,563
Executive Summary
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Restaurant General Retail Storefront Fast Food
- Building Size 830
- Building Class B
- Year Built 2023
- Price 1,951,219
- Price Per SF 2,351
- Cap Rate 6.15
- NOI 120,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.03
- Land Acres 0.67 AC
Nearby Amenities & Transportation
| Retail | MOD Pizza | ||
| Retail | Yoga Six | ||
| Retail | Regions Bank | ||
| Retail | Starbucks | ||
| Retail | CycleBar | ||
| Retail | StretchLab | ||
| Retail | Saladworks | ||
| Retail | F45 Training, Inc. | ||
| Retail | Orangetheory Fitness | ||
| Retail | Kroger |
Property Taxes
| Parcel Number | 5398-00-000-0020-907 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $560,923 |
| Date Created: | 2024-07-16 04:23:43 | Last Updated: | 2024-07-16 04:23:43 |
| Address: | 18830 Noble Seven Ln , Sugar Land, Texas, 77479 | ||