9540 Farm to Market 1960 Bypass Road East
Humble, TX
Price:
$2,662,000
Cap Rate:
5.00%
NOI:
$133,100
Building Size:
Approx. 3,010 Sq. Ft.
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2015
Investment Overview
- 2015 Construction 3,010+/- SF Building On 0.37+/- Acre Site
- 20-Year Absolute NNN Ground Lease w/ 10% Rental Increases Every 5 Years
- High-Traffic Location On FM 1960 Bypass With Over 46,500 VPD
- Positioned Adjacent To Deerbrook Mall With National Co-Tenants Including Walmart Target And Home Depot
- Major Institutional Demographic Base Anchored By The Texas Medical Center And Nearly 5 Million Harris County Workers
- El Pollo Loco Is A Publicly Traded Nasdaq LOCO Operator With 499 System-Wide Locations
- Humble TX | Located In The Houston-The Woodlands-Sugar Land MSA Nation’s 5th Most Populous Metro | MSA Population: 7.9 Million