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888 W BAY AREA BLVD Webster TX 77598-4004

APN 0361750000005

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Details
Property Type Retail
Sub Type Bar, QSR/Fast Food (+1)
Building SqFt 7,258
Lot SqFt 98,766
Acreage ******
Zoning Code C2
Year Built 2001
Building Count 1
Opportunity Zone No
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant, Bar
Asking Details
Asking Price
$5,385,800
Asking Cap Rate
6%
Asking NOI
$323,148
Investment Highlights

Passive Investment Opportunity – ±13.75 years remaining on an ABS NNN lease with Red Lobster

Attractive Annual Rental Increases – 2.00% rental increases annually.

Densely Populated Area – ±82,000 in a 3-mile radius, ±192,000 in a 5-mile radius, ±630,000 in a 10-mile radius.

Location and Accessibility – Excellent visibility with high traffic counts on W Bay Area Blvd exceeding ±37,300 vehicles per day (VPD) and close proximity to I-45, which sees ±127,000 VPD. This major highway is the critical artery connecting Dallas to Houston, ensuring high accessibility and customer flow.

Booming Developmental Growth – Significant developments include the Sunset Amphitheater Houston, a $150 million, 34-acre, 12,500 seat amphitheater and hotel project; a planned IKEA opening in summer 2026; and the Midline Development, a master-planned community with over 2,800 homes, etc.

Affluent Area in Houston – The area boasts a high average household income, exceeding $113,000 within a 5-mile radius.

Incredible Retail Synergy – The location benefits from proximity to the Baybrook Mall, a regional supermall with over 200 retailers, and other major shopping centers anchored by national credit tenants such as Costco, Target, Chick-fil-a, Olive Garden, Raising Cane’s, Starbucks, and Chipotle.

Growing Houston Market – Houston is the 5th Largest MSA in the United States, boasting a population over 7.8 million. In addition to being one of the nation’s fastest-growing metros, the continued growth outlook enhances the investment’s long-term potential.

Income Tax-Free State – Texas is an income tax-free state, offering advantageous conditions for investors seeking tax-efficient opportunities.

Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant, Bar
Investment Highlights

Passive Investment Opportunity – ±13.75 years remaining on an ABS NNN lease with Red Lobster

Attractive Annual Rental Increases – 2.00% rental increases annually.

Densely Populated Area – ±82,000 in a 3-mile radius, ±192,000 in a 5-mile radius, ±630,000 in a 10-mile radius.

Location and Accessibility – Excellent visibility with high traffic counts on W Bay Area Blvd exceeding ±37,300 vehicles per day (VPD) and close proximity to I-45, which sees ±127,000 VPD. This major highway is the critical artery connecting Dallas to Houston, ensuring high accessibility and customer flow.

Booming Developmental Growth – Significant developments include the Sunset Amphitheater Houston, a $150 million, 34-acre, 12,500 seat amphitheater and hotel project; a planned IKEA opening in summer 2026; and the Midline Development, a master-planned community with over 2,800 homes, etc.

Affluent Area in Houston – The area boasts a high average household income, exceeding $113,000 within a 5-mile radius.

Incredible Retail Synergy – The location benefits from proximity to the Baybrook Mall, a regional supermall with over 200 retailers, and other major shopping centers anchored by national credit tenants such as Costco, Target, Chick-fil-a, Olive Garden, Raising Cane’s, Starbucks, and Chipotle.

Growing Houston Market – Houston is the 5th Largest MSA in the United States, boasting a population over 7.8 million. In addition to being one of the nation’s fastest-growing metros, the continued growth outlook enhances the investment’s long-term potential.

Income Tax-Free State – Texas is an income tax-free state, offering advantageous conditions for investors seeking tax-efficient opportunities.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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C2 CommercialRetail CommercialSecond Commercial
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Last updated Jun 19, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
DF
Dylan Freeney
LIC: 826741
•••.•••.6549
•••••.•••eney@••••••••.com
Brokerage logo
Listing removed on
 BY:
BB
Brett Baumgartner PRO
LIC: TX 701324
•••.•••.2135
•••••.•••••••tner@••••••••.com
Brokerage logo
Listing removed on
 BY:
JB
Josh Bishop PRO
LIC: 688810
•••.•••.2289
••••.••shop@••••••••.com
Brokerage logo

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