Listed by Marcus & Millichap - Austin, Marcus & Millichap Diffie Retail Team
$1,300,000
Dark QSR with Drive-Thru
Details
APN 1299130010001
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 1,950
Units 1
Tenancy Vacant
Year Built 2006
Buildings 1
Acreage 0.910
Zoning Commerical
Ground Lease No
Ownership Fee Simple
Sale Condition For sale by owner
Price Reduction | Houston MSA | Motivated Seller
Investment highlights
Going Dark QSR with Drive-Thru - The tenant, Jack in the Box, has vacated the location but still pay 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 to be 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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