Restaurant
Popeyes w/ Dr-Thru | Houston | 20 Year Absolute Net Ground Sale Leaseback | Strong Demographics
8002 S Texas 6, Houston, TX 77083
Listing Price: $2,971,429
Investment Overview
Houston is the most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat and largest city of Harris County; as well as the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth. With a population of 2,302,878 in 2022, Houston is the fourth-most populous city in the United States after New York City, Los Angeles, and Chicago, and the seventh-most populous city in North America. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle. Nicknamed the “Bayou City”, “Space City”, “H-Town”, and “the 713”, Houston has become a global city, with strengths in culture, medicine, and research. The city’s population comprises various ethnic and religious backgrounds, as well as a large and growing international community. Houston is the most diverse metropolitan area in Texas and has been described as the most racially and ethnically diverse major city in the U.S. It is home to many cultural institutions and exhibits, such as the Houston Museum District and the Houston Theater District.
Investment Highlights
- 20 Year Absolute Net Ground Sale Leaseback Featuring 7.5% Rental Increases Every 5 Years throughout the Initial Term & Options. This Location Features a Drive-Thru.
- Positioned Along Area's Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 50k Vehicles.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $80k and over 373k People Residing within a 5-Mile Radius.
- Near Numerous National Retailers Including Kroger, H-E-B, The Home Depot, Fiesta Mart, Petco, Walgreens, CVS Pharmacy and many more.
- Walking Distance from Taylor High School and Kerr High School, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By
Restaurant
Popeyes w/ Dr-Thru | Houston | 20 Year Absolute Net Ground Sale Leaseback | Strong Demographics
Listing Price: $2,971,429
Investment Highlights
- 20 Year Absolute Net Ground Sale Leaseback Featuring 7.5% Rental Increases Every 5 Years throughout the Initial Term & Options. This Location Features a Drive-Thru.
- Positioned Along Area's Major Traffic & Retail Corridor - Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 50k Vehicles.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $80k and over 373k People Residing within a 5-Mile Radius.
- Near Numerous National Retailers Including Kroger, H-E-B, The Home Depot, Fiesta Mart, Petco, Walgreens, CVS Pharmacy and many more.
- Walking Distance from Taylor High School and Kerr High School, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
Investment Overview
Houston is the most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat and largest city of Harris County; as well as the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth. With a population of 2,302,878 in 2022, Houston is the fourth-most populous city in the United States after New York City, Los Angeles, and Chicago, and the seventh-most populous city in North America. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle. Nicknamed the “Bayou City”, “Space City”, “H-Town”, and “the 713”, Houston has become a global city, with strengths in culture, medicine, and research. The city’s population comprises various ethnic and religious backgrounds, as well as a large and growing international community. Houston is the most diverse metropolitan area in Texas and has been described as the most racially and ethnically diverse major city in the U.S. It is home to many cultural institutions and exhibits, such as the Houston Museum District and the Houston Theater District.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By
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