Listed by Commercial Real Estate Investments
$2,650,000
18 Wilson Rd
Details
Property Type Retail
Sub Type Restaurant, Commercial
Square Footage 2,274
Cap Rate 7.13%
NOI $189,036
Brand/Tenant Jack in the Box
Lease Type Absolute NNN
Lease Expiration 12/30/2030
Lease Options 4x5-year (5% increases)
Year Built 2009
Lot Size (SqFt) 38,594
Rent Commencement 12/31/2014
Retail | 7.13% CAP | 2,274 SqFt
Marketing description
Jack in the Box located at 18 Wilson Rd in the greater Houston metro has been a long-standing successful drive-thru restaurant since 2009. The restaurant will always have heavy traffic because it is located just off a 52k cars/day corner and close to the 69 freeway. There are 8 schools and approx. 5,600 students within 2 miles which creates strong demand for fast food. The area is a commercial hub with very large malls like Deerbrook Market Place, Bender Square and Deerbrook Square. These are all major draws of traffic and clientele for the area.
Houston’s population continues to grow rapidly at roughly 2.5 x faster than the national average. This property is in a dense location with over 174k residents within 5 miles and an average household income of about 100k, which is ideal for a fast-food business.
Investment highlights
- Absolute NNN with Zero Landlord Responsibilities
- Lease Guaranteed by A3H Foods - 91 Restaurant Operator
- Successful & Established Tenant at the Location since 2009
- Rapid Growth in Houston Metro Area – over 2.5 x Faster than National Average
- Drive-thru Location just off 52k Cars/day Corner and Blocks from the 69 Freeway
- Commercial Hub with large Malls and National Tenants like Starbucks, Sonic, Home Depot, Best Buy, Old Navy and more
- 8 Schools and over 5,600 Students within 2 Miles
- Across from Townsen Memorial Hospital
Listing Contacts
Listed by Commercial Real Estate Investments
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$189,036.00
$15,753.00/mo
Valuation Metrics
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DSCR
7.13%
Cap Rate
7.13%
ROI
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