Restaurant

Taco Bell (Houston MSA)

34003 Katy Fwy, Brookshire, TX 77423

Listing Price: $1,831,000

Cap Rate
5.04%
Tenant Name
Taco Bell
Years Remaining On Lease
16.5
Guarantor
Franchisee Guarantee
Rentable SF
2,000
Lease Type
Absolute Net
Rent Per Square Feet
$46.17

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale the Taco Bell property located in Brookshire (Houston MSA), TX.

Investment Highlights

  • Booming population growth: 17% growth projected within 5-mile radius 2019-2024
  • Visible to over 63,000+ VPD on Interstate 10
  • Absolute NNN lease with no Landlord Responsibilities
  • 10% rent increases every 5 years
  • Long term lease in place with experienced 73-unit operator

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    License(s): TX: 9002994

    Texas

Listing Price: $1,831,000

Cap Rate
5.04%
Tenant Name
Taco Bell
Years Remaining On Lease
16.5
Guarantor
Franchisee Guarantee
Rentable SF
2,000
Lease Type
Absolute Net
Rent Per Square Feet
$46.17

Investment Highlights

  • Booming population growth: 17% growth projected within 5-mile radius 2019-2024
  • Visible to over 63,000+ VPD on Interstate 10
  • Absolute NNN lease with no Landlord Responsibilities
  • 10% rent increases every 5 years
  • Long term lease in place with experienced 73-unit operator

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale the Taco Bell property located in Brookshire (Houston MSA), TX.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    License(s): TX: 9002994

    Texas

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