KFC La Porte, TX

1450 West Fairmont Parkway
La Porte, TX

Price: $1411000
Cap Rate: 5.50%
NOI: $77,600
Building Size: Approx. 2304 Sq. Ft.
Lot Size: Approx. 0.73 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2001

Investment Overview

  • 2,304+/- SF Building on .73+/- Acre Site
  • 20 Year NNN Lease with 10% Rent Bumps Every 5 Years
  • No Damage or pause in operations during Hurricane Harvey
  • Located along Fairmont Pkwy (40K VPD), just W of Hwy 146
  • Adjacent to Kroger Anchored SC| Near SBUX, Taco Bell, Chase
  • Attractions: Sylvan Beach | Yacht Club | Bay Forest Golf Course
  • Near the Port of Houston (Busiest Port in the United States)
  • Major Employers: Dow Chemical | NASA Johnson Space Center
  • 3-Mile Radius: 2017 Day Pop: 15,256 | Avg HH Income: $89,106
  • La Porte is located 30 Miles East of downtown Houston, Texas

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