About This Restaurant
Investment Highlights
Situated along Kuykendahl Road, Ensuring High Visibility & Easy Access | Over 35,000 Cars Per Day at the Kuykendahl Road & W Rayford Road Intersection Nearby Retailers Include Kroger, Bank of America, CVS Pharmacy, Starbucks, PNC Bank, McDonald?s, Sherwin Williams, Subway, Leslie?s and Many More Excellent Guaranty | Operated by One of the Largest Popeyes Franchisee in the System Part of the Houston Metro Area, the Largest City in Texas?Global Leader in Multiple Industries Ideal for Out-of-State Investors - Tenant is Responsible for All Maintenance, Taxes, Insurance, Roof, and Structure Brand New NNN Ground Lease | Zero Landlord Responsibilities
Executive Summary
? Excellent Guaranty | Operated by One of the Largest Popeyes Franchisee in the System? Brand New 20-Year Triple Net (NNN) Ground Lease with Zero Landlord Responsibilities? Attractive Rental Increases | 10% Every 5 Years, Including Option Periods? Six (6) Tenant Renewal Periods of Five (5) Years Each Bring the Potential Lease Term to Fifty (50) Years? Ideal for Out-of-State Investors - Tenant is Responsible for All Maintenance, Taxes, Insurance, Roof,and Structure
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Restaurant Fast Food
- Building Size 2,407
- Building Class C
- Year Built 2022
- Price 2,400,000
- Price Per SF 997
- Cap Rate 5.25
- NOI 126,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.18
- Land Acres 0.31 AC
Amenities
- Drive Thru
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 1327540010009 | Improvements Assessment | $80,958 |
| Land Assessment | $1,201,811 | Total Assessment | $1,282,769 |
| Date Created: | 2024-07-16 04:23:45 | Last Updated: | 2024-07-16 04:23:45 |
| Address: | 24354 Kuykendahl Rd , Tomball, Texas, 77375 | ||