Listed by Marcus & Millichap - Austin, Marcus & Millichap Diffie Retail Team
$1,425,000
Vacant QSR with Drive-Thru
Details
APN 1299130010001
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 1,950
Net Rentable (SqFt) 1,950
Units 1
Tenancy Vacant
Class A
Year Built 2006
Buildings 1
Acreage 0.910
Zoning Commercial
Ground Lease No
Ownership Fee Simple
Vacant QSR | Dense Population | High-Income Area | Houston MSA
Investment highlights
- Going-Dark QSR with Drive-Thru - The tenant, Jack in the Box, has vacated the location but still paying a monthly rent until the lease expires on 5/15/2027.
- Dense Population - With 271,000+ residents and 92,000+ households within 5 miles, there is an ample customer base. The 2030 population is projected over 285,000 within 5 miles.
- High-Income Area - The 1-mile average household income is ±$125,000. The 3 & 5-mile average household income both exceed $139,000.
- Strong Traffic Counts - Located on Barker Cypress Rd with over 50,000 vehicles per day and located just off US Highway 290 that reports over 118,000 vehicles per day.
Listing Contacts
Listed by Marcus & Millichap - Austin, Marcus & Millichap Diffie Retail Team
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