4021 I-10 Frontage
Baytown, TX
Price:
$4,260,869
Cap Rate:
5.75%
NOI:
$245,000
Building Size:
Approx. 4,987 Sq. Ft.
Lot Size:
Approx. 1.117 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2023
Investment Overview
- 2024 Construction. 4,987+/- SF Building on 1.117+/- Acre Site
- Brand New Construction, 15-Year Abs. NNN Corp. Lease with 10% Rental Increases Every 5 Yrs., Plus (4), 5-Yr. Options to Renew
- Located on the NWC of Interstate 10 (93,000+ VPD) & John Martin Road (9,200+ VPD), 20 Miles East of Downtown Houston
- Situated off of a Heavily-Trafficked Exit from I-10, Across from a Buc-ee’s, Next door to Chick-fil-A and 7-Eleven, and near H-E-B, Academy, Marshalls, Kroger, Several Car Dealerships, and More
- There are 96,316 Residents Living w/in a 5-Mile Radius, Which is Estimated to Reach 103,000+ by 2028, and an Average Household Income of $91,087
- Black Bear Diner has 156 Locations and have 14 New Restaurants Planned for 2024
- Baytown | 4th Largest City in the Houston MSA | MSA Population: 7.34M+