Starbucks – GL Houston, TX

1749 Richmond Ave
Houston, TX

Price: $4368000
NOI: $190,000
Building Size: Approx. 2107 Sq. Ft.
Lot Size: Approx. 0.42 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2017

Investment Overview

  • 2017 Construction. 2,107+/- SF Building on .42+/- Acre Site
  • 20-Yr Corp Ground Lease w/ 10% Rent Bumps Every 10-Yrs
  • Located along Richmond Ave (25K VPD), just N of I-69 (250K VPD)
  • Local Attractions: The Galleria | Uptown Houston | NGR Stadium
  • Major Employers: BP America  | Shell Oil Company | Exxon Mobil
  • Houston is 2nd to NY City in Fortune 500 HQ’s – Ranked Forbes Top City
  • 3-Mile Radius: 2016 Est Pop: 188,974 l 2-Mile Avg. HH Income:  $153,337
  • Greater Houston ( MSA) | 6TH Largest MSA in the U.S | Pop: 5,946,800

Copyright © 2024 Secure Net Lease.