BreWingz Houston, TX

25629 US Highway 59
Houston, TX

Price: $3,220,000
Cap Rate: 6.75%
NOI: $217,338
Building Size: Approx. 7,516 Sq. Ft.
Lot Size: Approx. 1.13 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2015

Investment Overview

  • 2015 Construction. 7,516+/- SF Building on 1.13+/- Acre Site
  • Rare 30-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years and Two (2), 10-Year Renewal Options
  • Superb Location That is Anchored by Kroger and Across the Street from H-E-B
  • Excellent Traffic Counts Located on Interstate 69/Hwy 59 (107,900+ VPD)
  • Approx. 121,275 Residents w/in 5 Miles of the Property w/ Avg. HH Income of Almost $134,930
  • BreWingz is a Privately Held Houston-Based Sports Bar with 17+ Locations Across Southeast Texas
  • Houston, TX | 4th Largest City in the U.S. | MSA Population: 7.7M

Copyright © 2024 Secure Net Lease.