Listed by Braun Enterprises
Unpriced
1920 Houston Avenue - STNL
Details
Property Type Retail, Hospitality
Sub Type Restaurant, Bar
Square Footage 1,432
Units 1
Cap Rate 6.25%
Tenancy Single
Lease Type NNN
Lease Expiration 10/31/2032
Lease Options Two, Five-Year Options at Fair Market Rental Rate
Year Built 1996
Year Renovated 2025
Stories 1
Acreage 0.340
Parking Spaces 19 spaces
Parking Per SqFt 13.27
Investment Type Net Lease
Lease Commencement 07/25/2022
Ground Lease No
Retail | 6.25% CAP | 1,432 SqFt
Marketing description
Braun Enterprises Real Estate Development ("Braun") is pleased to offer for sale the fee-simple interest in 1920 Houston Avenue ("the Property") a 1,432 SF Retail building located in Houston, TX. The property carries a single tenant lease and is occupied by Botanic Beer Garden.
Botanic Beer Garden has 7 years left on their initial term, with two 5-year renewal options at fair market rental rate. The building is located along the heavily trafficked Houston Avenue, offering easy access to Downtown Houston, The Houston Heights, and Washington Avenue Corridor.
Investment highlights
- Single Tenant Property
- Houston Avenue Frontage
- Renovated again in 2025
- Botanic Beer Garden is a lively indoor/outdoor bar with a loyal following from Houston's Heights, Sawyer Heights, and Downtown.
Listing Contacts
Listed by Braun Enterprises
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