7.56% CAP Retail Investment | Tacos La Sultana | Houston, TX
Freestanding Restaurant • 3.7 Yrs Remaining • $5K/Mo Rent + Escalation to $5,250 • 22,000 SF Lot • B
Marketing description
Lion Drive Realty presents the opportunity to acquire a freestanding single-tenant retail building at 13419 Woodforest Blvd, Houston, TX 77015 — offered at a 7.28% CAP rate with a clear path to 10%+ returns.
INVESTMENT OVERVIEW
The ±3,635 SF building sits on a ±22,000 SF lot in Houston's established Cloverleaf/Woodforest corridor and is fully occupied by Tacos La Sultana, a well-known local restaurant with a loyal community following. Under a modified gross lease structure, the landlord's only obligations are property taxes and insurance — the tenant covers all other operating expenses. Monthly rent of $5,000 escalates to $5,250 beginning March 1, 2027, providing built-in income growth. The lease runs through January 31, 2030, with 3.7 years of term remaining.
LOCATION & DEMOGRAPHICS
Strategically positioned on Woodforest Blvd with direct access to Beltway 8 (Sam Houston Tollway) and I-10, the property sits in a high-traffic commercial corridor serving a dense and stable residential trade area. Within 1 mile: 49,734 residents. Within 3 miles: 142,617 residents. Proximity to schools, residential neighborhoods, and commercial developments drives consistent daily foot traffic.
PROPERTY HIGHLIGHTS
Built in 1973 and fully renovated in 2018, the building is well-maintained with ample on-site parking and strong street visibility along Woodforest Blvd. Climate risk is minimal — Flood Factor 1/10, Fire Factor 1/10.
INVESTOR UPSIDE
This asset offers multiple exit strategies: (1) hold for passive income with scheduled rent increases, (2) negotiate a lease renewal or restructuring at market rates at expiration, or (3) reposition the ±22,000 SF lot for future retail or QSR redevelopment. Ideal for 1031 exchange buyers, private investors, and owner-users seeking a turnkey Houston retail asset.
Contact Bobby Hajiani at Lion Drive Realty to request the offering memorandum or schedule a property tour.
Investment highlights
- 7.28% Current CAP Rate | 10.07% Pro-Forma CAP (post-rent bump)
- Current Rent: $5,000/mo | Escalates to $5,250/mo starting March 1, 2027
- Lease Expiration: January 31, 2030 | 3.7 Years Remaining
- Landlord Responsibilities Limited to Property Taxes & Insurance Only
- 100% Occupied — Tenant: Tacos La Sultana (Popular Local Restaurant)
- ±3,635 SF Freestanding Building on ±22,000 SF Lot
- Building Renovated 2018 | Well-Maintained
- Minimal Flood Risk (1/10) | Minimal Fire Risk (1/10)
- Convenient Access to Beltway 8 and I-10
- Dense Trade Area: 49,734 residents within 1 mile | 142,617 within 3 miles
- Significant Upside: Lease restructuring, rent-to-market, or future repositioning/redevelopment
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