Restaurant
Chiba Hot Pot - Popular All-You-Can-Eat Dining Destination | Houston MSA | Absolute NNN Ground Lease
2050 Interstate 45 N, Conroe (Houston MSA), TX 77301
Listing Price: $3,102,041
Investment Overview
The Property Is Strategically Located In Conroe, Texas, Within Montgomery County, One Of The Fastest Growing Counties In The United States And A Key Component Of The Greater Houston Metropolitan Statistical Area. Positioned Along Interstate 45, The Site Benefits From Direct Connectivity Between Houston And The Rapidly Expanding North Houston Suburbs, Including The Woodlands And Spring. Interstate 45 Serves As A Primary Commuter Corridor Carrying Over 100,000 Vehicles Daily, Driving Significant Visibility And Consumer Traffic To The Immediate Trade Area.
The Surrounding Region Is Anchored By A Diverse And Expanding Economic Base, Supported By Major Employers Including ExxonMobil, Chevron Phillips Chemical, Huntsman Corporation, And Entergy Texas, Along With A Strong Presence Of Healthcare, Education, And Industrial Employers. Nearby Medical Anchors Such As HCA Houston Healthcare Conroe And CHI St. Luke’s Health The Woodlands Hospital Contribute To A Robust Daytime Population And Consistent Economic Activity.
Conroe And The Surrounding Submarkets Continue To Experience Significant Residential Expansion, With Master Planned Communities Such As Grand Central Park, Graystone Hills, And Harper’s Preserve Driving Population Growth And Increasing Household Incomes. This Growth Is Further Supported By Educational Institutions Including Lone Star College System And The Highly Rated Conroe Independent School District.
The Area Also Benefits From Proximity To Lake Conroe, A Major Recreational Destination That Attracts Tourism And Weekend Traffic, Further Enhancing Retail And Dining Demand. Supported By Strong Demographics, Continued Corporate Expansion, And Ongoing Infrastructure Investment, The Conroe Submarket Remains A Highly Desirable Location For Retail And Restaurant Uses With Long Term Growth Potential.
Investment Highlights
- Long Term Absolute Net Ground Lease (Zero Landlord Responsibilities) featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Recently Invested over $1.5M in Renovations.
- Prime Location along Interstate 45 with Strong Traffic Counts and Excellent Visibility, positioned within Conroe's Primary Retail Corridor near Loop 336 and FM 3083.
- Interstate 45 Captures High Volume Daily Commuter Traffic between Houston, Conroe, and The Woodlands, providing Exceptional Visibility, Consistent Consumer Exposure, and Direct Access.
- Chiba Hot Pot is a Popular All-You-Can-Eat Dining Destination Offering an Interactive Experience where Fresh Ingredients are Delivered to each Table by a Unique Train Conveyor System Circling the Restaurant.
- Within a Hobby Lobby and Northern Tool + Equipment Retail Center. Strategically Positioned within Conroe's Primary Retail Corridor surrounded by National Tenants including Target, Walmart Supercenter, Lowe's Home Improvement, and Academy Sports + Outdoors Driving Consistent Consumer Traffic.
- Located Just North of The Woodlands: The Most Prosperous Suburb of Houston - Celebrated for its Blend of Natural Beauty, High Quality of Life, & Robust Community Infrastructure.
- Surrounded by Dense Residential Growth with Thousands of New Housing Units delivered and Under Construction throughout Conroe and Montgomery County, One of the Fastest Growing Counties in the United States.
- Benefiting from Strong Daytime Population supported by Nearby Office Users, Medical Facilities, Retail Employment Hubs, and Industrial Distribution Centers throughout the Greater Conroe and North Houston Submarket. Densely Populated and Affluent Area: Features an Average Household Income of $94k+ and over 102k People Residing within a 5-Mile Radius. Conroe is one of the fastest growing cities in the U.S. - Population has more than doubled since 2000 and Continues to Grow at Record Speeds.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Restaurant
Chiba Hot Pot - Popular All-You-Can-Eat Dining Destination | Houston MSA | Absolute NNN Ground Lease
Listing Price: $3,102,041
Investment Highlights
- Long Term Absolute Net Ground Lease (Zero Landlord Responsibilities) featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Recently Invested over $1.5M in Renovations.
- Prime Location along Interstate 45 with Strong Traffic Counts and Excellent Visibility, positioned within Conroe's Primary Retail Corridor near Loop 336 and FM 3083.
- Interstate 45 Captures High Volume Daily Commuter Traffic between Houston, Conroe, and The Woodlands, providing Exceptional Visibility, Consistent Consumer Exposure, and Direct Access.
- Chiba Hot Pot is a Popular All-You-Can-Eat Dining Destination Offering an Interactive Experience where Fresh Ingredients are Delivered to each Table by a Unique Train Conveyor System Circling the Restaurant.
- Within a Hobby Lobby and Northern Tool + Equipment Retail Center. Strategically Positioned within Conroe's Primary Retail Corridor surrounded by National Tenants including Target, Walmart Supercenter, Lowe's Home Improvement, and Academy Sports + Outdoors Driving Consistent Consumer Traffic.
- Located Just North of The Woodlands: The Most Prosperous Suburb of Houston - Celebrated for its Blend of Natural Beauty, High Quality of Life, & Robust Community Infrastructure.
- Surrounded by Dense Residential Growth with Thousands of New Housing Units delivered and Under Construction throughout Conroe and Montgomery County, One of the Fastest Growing Counties in the United States.
- Benefiting from Strong Daytime Population supported by Nearby Office Users, Medical Facilities, Retail Employment Hubs, and Industrial Distribution Centers throughout the Greater Conroe and North Houston Submarket. Densely Populated and Affluent Area: Features an Average Household Income of $94k+ and over 102k People Residing within a 5-Mile Radius. Conroe is one of the fastest growing cities in the U.S. - Population has more than doubled since 2000 and Continues to Grow at Record Speeds.
Investment Overview
The Property Is Strategically Located In Conroe, Texas, Within Montgomery County, One Of The Fastest Growing Counties In The United States And A Key Component Of The Greater Houston Metropolitan Statistical Area. Positioned Along Interstate 45, The Site Benefits From Direct Connectivity Between Houston And The Rapidly Expanding North Houston Suburbs, Including The Woodlands And Spring. Interstate 45 Serves As A Primary Commuter Corridor Carrying Over 100,000 Vehicles Daily, Driving Significant Visibility And Consumer Traffic To The Immediate Trade Area. The Surrounding Region Is Anchored By A Diverse And Expanding Economic Base, Supported By Major Employers Including ExxonMobil, Chevron Phillips Chemical, Huntsman Corporation, And Entergy Texas, Along With A Strong Presence Of Healthcare, Education, And Industrial Employers. Nearby Medical Anchors Such As HCA Houston Healthcare Conroe And CHI St. Luke’s Health The Woodlands Hospital Contribute To A Robust Daytime Population And Consistent Economic Activity. Conroe And The Surrounding Submarkets Continue To Experience Significant Residential Expansion, With Master Planned Communities Such As Grand Central Park, Graystone Hills, And Harper’s Preserve Driving Population Growth And Increasing Household Incomes. This Growth Is Further Supported By Educational Institutions Including Lone Star College System And The Highly Rated Conroe Independent School District. The Area Also Benefits From Proximity To Lake Conroe, A Major Recreational Destination That Attracts Tourism And Weekend Traffic, Further Enhancing Retail And Dining Demand. Supported By Strong Demographics, Continued Corporate Expansion, And Ongoing Infrastructure Investment, The Conroe Submarket Remains A Highly Desirable Location For Retail And Restaurant Uses With Long Term Growth Potential.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments