Salad and Go Grand Pkwy & Harlem Rd Richmond,

Grand Pkwy & Harlem Rd Richmond,

Price: $3,111,115
Cap Rate: 4.50%
NOI: $140,000
Building Size: Approx. 700 Sq. Ft.
Lot Size: Approx. 1.215 Acres
Type: Single-Tenant / Retail
Sub Category: Fast Casual
Year Built: 2022

Investment Overview

  • 2022 Construction. 700+/- SF Building on 1.215+/- Acre Site
  • New 20-Yr Corporate Abs. NNN Ground Lease w/ 10% Rental Increases
  • Shadow-Anchored by H-E-B & Target | Across from Amazon HOU6
  • Strong Income Demographics Exceeding $105,000 within a 1-Mile  & 3-Mile Radius
  • Near H-E-B, Raising Cane’s, Starbucks, Chick-fil-A, Academy, & More
  • One of the 1st Salad and Go’s in the Houston MSA | $40.4M Systemwide Revenue
  • Richmond | Economy Produces Nearly $2.5 B Per Year  | Houston MSA