7128 Bellaire Boulevard
Houston, TX
Price:
$1,596,153
Cap Rate:
5.20%
NOI:
$83,000
Building Size:
Approx. 935 Sq. Ft.
Lot Size:
Approx. 0.53 Acres
Type:
Single-Tenant / Retail
Sub Category:
Fast Casual
Year Built:
2022
Investment Overview
- 2023 Construction. 935+/- SF Building on 0.53+/- Acre Site
- New Construction 15 Year Ground Lease w/ 10% Rent Bumps Every 5 Yrs. & (4) 5-Yr. Options to Renew
- Located Directly On the NEC of Bellaire Blvd (48,920+ VPD) & Highway 59 (203,000+ VPD)
- 12 Miles from Downtown Houston, 5 Miles from NRG Stadium, 13 Miles from Hobby Airport, & 6 Miles from Texas Medical Center
- Located Across from PlazAmericas, a 1 Million+ SF Shopping Mall w over 150 Stores
- Dutch Bros Total Revenue Grew 48.4% to $739.0 Million as Compared to $497.9 Million in 2021
- Houston | 5th Largest MSA in the U.S. | Population: 2.3 Million