Black Bear Diner Baytown, TX

4021 I-10 Frontage
Baytown, TX

Price: $3,920,000
Cap Rate: 6.25%
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 15-Year Absolute NNN Corporate Lease with 10% Rental Increases Every 5 Years
  • Excellent Location at the NWC of Interstate 10 & John Martin Road (102,200+ Combined VPD)
  • Conveniently Situated off a Heavily-Trafficked I-10 Exit, Directly Across from Buc-ee’s and Adjacent to Chick-fil-A and 7-Eleven
  • Less Than Half a Mile from San Jacinto Marketplace, a 1.1M+ SF Retail, Dining, and Entertainment Development
  • Black Bear Diner Is a Fast-Growing, Family Dining Concept with 156 Locations and 14 New Restaurants Planned for 2024
  • Baytown, TX | Part of the Houston–Sugar Land–Baytown MSA | Population: 84,324

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