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Dunkin' 14490 Memorial Dr

1,943 SF 100% Leased Retail Building Houston, TX 77079 $2,371,000 ($1,220/SF) 4.85% Cap Rate

Retail Space Texas Houston 14490 Memorial Dr, Houston, TX 77079

Investment Highlights

  • Brand-new 20-year absolute NNN lease
  • Hard corner location with significant visibility on Memorial Drive – 25,369 VPD
  • Affluent residential demographics – average household incomes of $120,367 within a 1-mile radius of the subject property
  • 10% rental increases every 5 years during the primary term and option periods
  • Strong franchisee guaranty – HZ Coffee Group, LLC (150+ locations in TX, FL, and UT)
  • Adjacent to Kroger supermarket and surrounded by other major national retailers including McDonald’s, Chick-Fil-A, Raising Cane’s, and Chase Bank

Executive Summary

Brand-new 20-year absolute NNN lease Dunkin’ featuring 10% rental increases every 5 years and 5, 5-year extension options. Subject property located adjacent to Kroger and features significant visibility on Memorial Drive – 25,369 VPD.

Attachments

Dunkin_HoustonTX

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
1,943 SF
Year Built
2024
Price
$2,371,000
Price Per SF
$1,220
Cap Rate
4.85%
NOI
$115,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Land Acres
0.34 AC
1 of 1
Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

MOD Pizza
PNC Bank
Chase Bank
H-E-B
Jenny Craig
Starbucks
Comerica
Randalls
Jason's Deli
La Hacienda

PROPERTY TAXES

Parcel Number 1043000000006 Improvements Assessment $314,720
Land Assessment $592,400 Total Assessment $907,120

PROPERTY TAXES

Parcel Number
1043000000006
Land Assessment
$592,400
Improvements Assessment
$314,720
Total Assessment
$907,120
(415) 274-2715

  • Listing ID: 33875839

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 14490 Memorial Dr, Houston, TX 77079

More public record information on 14490 Memorial Dr, Houston, TX 77079

The Retail Property at 14490 Memorial Dr, Houston, TX 77079 is currently available For Sale. Contact CP Partners CRE for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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14490 Memorial Dr, Houston, TX for sale Primary Photo- Image 1 of 6
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14490 Memorial Dr, Houston, TX for sale Building Photo- Image 2 of 6
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14490 Memorial Dr, Houston, TX for sale Building Photo- Image 3 of 6
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14490 Memorial Dr, Houston, TX for sale Building Photo- Image 5 of 6
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Dunkin' | 14490 Memorial Dr
(415) 274-2715 x

Dunkin' | 14490 Memorial Dr

1/2

John Andreini

(415) 274-2715

(415) 274-2715

Kirby Dederian

(415) 274-2700

(415) 274-2700

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