Olive Garden Humble, TX

9632 FM 1960
Humble, TX

Price: $4,759,000
Cap Rate: 6.00%
NOI: $284,507
Building Size: Approx. 10,800 Sq. Ft.
Lot Size: Approx. 0.42 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 1986

Investment Overview

  • 1986 Construction; Complete Interior Remodel in 2020. 10,800+/- SF Building on 0.42+/- Acre Site
  • Absolute NNN Lease with (2), 5-Year Options to Renew | Rare Fee Simple | Extreme Commitment to Site | 40+ Year Operating History
  • Prime Retail Corridor, Located along FM 1960 (45,000+ VPD) near US-59/I-69 (167,000+ VPD)
  • Less than 1 Mi. from Deerbrook Mall (1.2M SF; 120+ stores), Anchored by Macy’s, Dillard’s, AMC Theatres, & Major National Retailers
  • Near Houston Methodist Hospital System (22k+ Employees) and Lone Star College System (97k+ Students)
  • Olive Garden is America’s Largest Italian Dining Chain – Operates 956 Locations, Generating $5.21B in Annual Revenue for Fiscal Year 2025
  • Humble, TX | Strategic Location in the Houston MSA – One of the Fastest Growing Regions in U.S. | MSA Population: 7.9M+

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