Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a dual-branded Taco Bell / KFC located at 10034 Broadway Street in Pearland, Texas. The property will be subject to a brand-new 20-year absolute NNN lease commencing at the close of escrow, providing investors with fully passive ownership and zero landlord responsibilities. The lease includes 10% rent increases every five years and four (4) five-year renewal options, ensuring predictable income growth and long-term stability. The ±2,952-square-foot drive-thru building is situated on ±1.00 acre with prime frontage along Broadway Street (FM 518), one of Pearland’s busiest thoroughfares with ±34,553 vehicles per day. The site benefits from excellent visibility and access within a dense retail corridor surrounded by Walmart Supercenter, H-E-B, Target, Academy Sports, and Home Depot. The property is positioned within the Houston MSA, the fifth-largest metro in the United States, home to more than 7.5 million residents. The lease is guaranteed by Delect Foods, LLC, a 50-unit subsidiary of Emerge Inc.—a seasoned 180-unit multi-brand operator with strong credit and operational scale. Combining the reach of Taco Bell (8,000+ locations) and KFC (30,000+ locations worldwide), this dual-branded concept offers enduring brand strength and recession-resistant consumer demand. With an NOI of $185,000 and a 5.25% cap rate, this property provides investors a rare opportunity to secure a high-performing, trophy-quality QSR asset in one of Houston’s most dynamic suburban markets.