10404 Interstate 10 East
Baytown, TX
Price:
$4,666,667
Cap Rate:
3.75%
NOI:
$175,000
Building Size:
Approx. 2,300 Sq. Ft.
Lot Size:
Approx. 0.89 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2021
Investment Overview
- 2021 Construction. 2,300+/- SF Building on 0.89+/- Acre Site
- Brand New 20 Yr Absolute NNN Lease w/ (4) 5 Yr Renewal Options
- Strategically Located Off I-10 E (78K VPD) at Intersection of HW 146 (33K VPD)
- Near Dollar Tree, ROSS Dress for Less, AutoZone, O’Reilly, Whataburger, Dairy Queen
- Chipotle is One of the Top Fast Casual Restaurant Operators in the Country (2,900+ Locations)
- Strong Income Demos with $139,794 within a 1-mile Radius
- Baytown | Northern Shore of Galveston Bay | Population: 76,000+