www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
22245796
22245797

8002 South Texas 6, Houston, TX 77083 For Sale

AM
TX 0606255, CA 01391653
Marcus & Millichap - San Diego
CT
CA 303918
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
$2,971,429
496 days on market
Updated 15 days ago

POPEYES w/ DR-THRU | 20 YEAR NNN GROUND SALE LEASEBACK

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 2,642
Cap Rate 5.25%
NOI $156,000
Tenancy Single
Brand/Tenant Chick-fil-A, Popeyes (+2)
Lease Type Absolute NNN
Lease Term 20
Rent Bumps Yes
Price per SqFt $1,125
Class A
Year Built 1994
Acreage 0.750
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease Yes

Retail | 5.25% CAP | 2,642 SF

Marketing description

PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:

https://themansourgroup.com/properties/309540/popeyes-w-drive-thru

Investment highlights

  • 20 Year Absolute Net Ground Sale Leaseback Featuring 7.5% Rental Increases Every 5 Years throughout the Initial Term & Options. This Location Features a Drive-Thru.

  • Positioned Along Area’s Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 50k Vehicles.

  • Densely Populated and Affluent Area: Features an Average Household Income of more than $80k and over 373k People Residing within a 5-Mile Radius.

  • Near Numerous National Retailers Including Kroger, H-E-B, The Home Depot, Fiesta Mart, Petco, Walgreens, CVS Pharmacy and many more.

  • Walking Distance from Taylor High School and Kerr High School, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Listing Contacts

AM
TX 0606255, CA 01391653
Marcus & Millichap - San Diego
CT
CA 303918
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$156,000.00
$13,000.00/mo

Valuation Metrics

0
DSCR
5.25%
Cap Rate
5.25%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591