Whataburger - Katy, TX
24710 Morton Ranch Rd, Katy, TX, 77493, US
4 118 000 $ | 307 mètres carrés
Descriptif
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present for sale the single-tenant Cracker Barrel (the "Tenant") located in Houston, TX (the "Property" or "Asset"). The Tenant executed a 20-year absolute NNN lease with 1.00% annual rental escalations in 2020. The lease has 15 years remaining with three, 5-year renewal options.
This offering presents the opportunity to acquire a high-demand asset with zero landlord obligations in the dynamic and rapidly growing Houston market. As a prime infill location surrounded by strong demographics, the property capitalizes on the area's dense residential population and high average household income, making it an exceptional investment in one of the nation's most strategic retail corridors.
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Attributs
Prix demandé
6 773 000 $
Taux de capitalisation
5,5 %
Type de bail
Triple Net Absolu
Superficie du bâtiment nette
929 mètres carrés
Durée restante du bail
15 années
Année de construction
1998
Média
Points forts de l'investissement
- Absolute NNN lease with 1% rent growth annually
- Initial lease term of 20 years with +15 years remaining
- Strategically located adjacent to Interstate-45 with 251,000+ VPD
- Population of 286,000 within a five-mile radius and a 29.7% population growth
- Oversized 3-acre parcel size
- 4.7M SF of industrial space, 951K SF of retail, and nearly 600 hotel keys within one mile
- Located in the nation's fifth-largest MSA (#5)
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Cracker Barrel - Houston (0 Propriétés)
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Dernière mise à jour
12 août 2025
