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Restaurant

Burger King w/ Drive Thru | Infill Houston - Low Rent | Absolute Net | 60+ Year Historical Occupancy

3040 Ella Blvd, Houston, TX 77018

Listing Price: $1,752,500

Cap Rate
5.00%
Tenant Name
Burger King
Years Remaining On Lease
5.3
Gross SF
2,529
Guarantor
Franchisee Guarantee
Rentable SF
2,529
Price/Gross SF
$692.96
Lease Type
Absolute Net
Rent Per Square Feet
$34.65

Investment Overview

Houston, the fourth largest city in the United States, anchors one of the nation’s fastest-growing and most economically diverse metropolitan areas. With a population surpassing 7.4 million residents, the Houston MSA continues to expand at a pace well above the national average, supported by consistent in-migration and job creation. The region benefits from a pro-business climate, highlighted by the absence of a state income tax, and serves as a global hub for energy, healthcare, aerospace, manufacturing, technology, and logistics.

The metropolitan area has cultivated a reputation for resilience during economic cycles, driven by its diverse employment base and expanding infrastructure. Houston is home to more than 20 Fortune 500 companies and has one of the youngest and most highly skilled workforces in the nation. Its favorable cost of living and rapid redevelopment of urban infill neighborhoods have made the region attractive to both corporations and families.

Strong demographics reinforce Houston’s retail and service demand. Within many of the city’s infill trade areas, household incomes exceed $100,000, while large and growing populations provide a steady customer base for shopping, dining, and entertainment. The metro continues to see significant reinvestment in mixed-use developments, multifamily projects, and retail corridors that support long-term demand drivers.

The city’s extensive transportation network is anchored by Interstate 610, U.S. Highway 290, and Interstate 45, which collectively carry hundreds of thousands of vehicles daily and provide regional connectivity throughout the metro. Houston is also supported by two major airports—George Bush Intercontinental and William P. Hobby—which together rank among the nation’s busiest air travel systems.

Investment Highlights

  • Absolute Net Lease Featuring 10% Rental Increases At Each Option. Recent Lease Extension and 60+ Year Historical Occupancy as a Burger King at this Location Demonstrating Long Term Commitment.
  • Positioned Along Area's Major Retail & Traffic Corridor: Easy Access and Excellent Visibility along Ella Blvd, a Heavily Traveled Retail Corridor with Daily Traffic Counts Exceeding 28k Vehicles.
  • Immediate Access to I-610 & Us-290 – two of Houston's Busiest Freeways, carrying a Combined 250k+ Vehicles Daily, providing Excellent Regional Connectivity.
  • The Tenant is a Subsidiary of the Dhanani Group, one of the Largest Restaurant Franchisee in the U.S., Dhanani Operates more than 900 Stores Across Multiple States and Reports Revenue exceeding $1.73B (2023).
  • Strong Daytime Employment Area - Near Numerous Established Corporate HQ's, Business Parks, Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants. Large Base of Employees within Walking Distance or a Short Drive.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $148k within a 1-Mile Radius and over 414k People Residing within a 5-Mile Radius. population projected to grow steadily.
  • Down the Street from Memorial Hermann Greater Heights Hospital - A 260-Bed Full Service Hospital offering a Wide-Range of Critical Care to Residents around the Area. (600+ Physicians).
  • Near Numerous National Retailers including Lowe's Home Improvement, The Home Depot, H-E-B, CVS Pharmacy, Office Depot, ALDI, TJ Maxx, Ross Dress for Less, Burlington, Michaels and many more. Recognized as America's Best Burger King – This location Achieved a Top National Ranking, celebrated for consistent Performance, Strong Customer Reviews, and Outstanding Franchise Operations.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s) TX: 0606255

    Texas

Restaurant

Burger King w/ Drive Thru | Infill Houston - Low Rent | Absolute Net | 60+ Year Historical Occupancy

Listing Price: $1,752,500

Cap Rate
5.00%
Tenant Name
Burger King
Years Remaining On Lease
5.3
Gross SF
2,529
Guarantor
Franchisee Guarantee
Rentable SF
2,529
Price/Gross SF
$692.96
Lease Type
Absolute Net
Rent Per Square Feet
$34.65

Investment Highlights

  • Absolute Net Lease Featuring 10% Rental Increases At Each Option. Recent Lease Extension and 60+ Year Historical Occupancy as a Burger King at this Location Demonstrating Long Term Commitment.
  • Positioned Along Area's Major Retail & Traffic Corridor: Easy Access and Excellent Visibility along Ella Blvd, a Heavily Traveled Retail Corridor with Daily Traffic Counts Exceeding 28k Vehicles.
  • Immediate Access to I-610 & Us-290 – two of Houston's Busiest Freeways, carrying a Combined 250k+ Vehicles Daily, providing Excellent Regional Connectivity.
  • The Tenant is a Subsidiary of the Dhanani Group, one of the Largest Restaurant Franchisee in the U.S., Dhanani Operates more than 900 Stores Across Multiple States and Reports Revenue exceeding $1.73B (2023).
  • Strong Daytime Employment Area - Near Numerous Established Corporate HQ's, Business Parks, Regional Office Spaces, Distribution Centers, Industrial and Manufacturing Plants. Large Base of Employees within Walking Distance or a Short Drive.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $148k within a 1-Mile Radius and over 414k People Residing within a 5-Mile Radius. population projected to grow steadily.
  • Down the Street from Memorial Hermann Greater Heights Hospital - A 260-Bed Full Service Hospital offering a Wide-Range of Critical Care to Residents around the Area. (600+ Physicians).
  • Near Numerous National Retailers including Lowe's Home Improvement, The Home Depot, H-E-B, CVS Pharmacy, Office Depot, ALDI, TJ Maxx, Ross Dress for Less, Burlington, Michaels and many more. Recognized as America's Best Burger King – This location Achieved a Top National Ranking, celebrated for consistent Performance, Strong Customer Reviews, and Outstanding Franchise Operations.

Investment Overview

Houston, the fourth largest city in the United States, anchors one of the nation’s fastest-growing and most economically diverse metropolitan areas. With a population surpassing 7.4 million residents, the Houston MSA continues to expand at a pace well above the national average, supported by consistent in-migration and job creation. The region benefits from a pro-business climate, highlighted by the absence of a state income tax, and serves as a global hub for energy, healthcare, aerospace, manufacturing, technology, and logistics. The metropolitan area has cultivated a reputation for resilience during economic cycles, driven by its diverse employment base and expanding infrastructure. Houston is home to more than 20 Fortune 500 companies and has one of the youngest and most highly skilled workforces in the nation. Its favorable cost of living and rapid redevelopment of urban infill neighborhoods have made the region attractive to both corporations and families. Strong demographics reinforce Houston’s retail and service demand. Within many of the city’s infill trade areas, household incomes exceed $100,000, while large and growing populations provide a steady customer base for shopping, dining, and entertainment. The metro continues to see significant reinvestment in mixed-use developments, multifamily projects, and retail corridors that support long-term demand drivers. The city’s extensive transportation network is anchored by Interstate 610, U.S. Highway 290, and Interstate 45, which collectively carry hundreds of thousands of vehicles daily and provide regional connectivity throughout the metro. Houston is also supported by two major airports—George Bush Intercontinental and William P. Hobby—which together rank among the nation’s busiest air travel systems.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3100

    License(s): TX: 0606255

    Texas

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