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STNL Pollo Campero Abs. Ground Lease 1818 Fry Rd

2,501 SF Retail Building Houston, TX 77084 $2,965,000 ($1,186/SF) 5.56% Cap Rate

Retail Buildings Texas Houston 1818 Fry Rd, Houston, TX 77084

Investment Highlights

  • Original 20 Year Absolute NNN Ground Lease; Zero Landlord Responsibilities; All Expenses Paid Directly by Tenant
  • Dominant and Premier Retail Corridor in Katy, TX; Signalized Intersection; Traffic Counts Exceed 44,000 Per Day
  • Established and Growing Pollo Campero Concept; Average Unit Volume Exceeding $3M Per Year
  • 14.50+ Years Remaining of Primary Term; Rent Increases of 10% Every 5 Years and in Option Periods
  • Corporate Guarantee; Largest Latin Chicken Restaurant Concept in the World; 350+ Locations Worldwide, 75+ Unit in United States
  • Close Proximity to I-10 on/off Ramp; Over 200k+ Vehicles Per Day; Dense Infill; Population Exceeding 275k within 5-Mile Radius

Executive Summary

Perfect 1031 Exchange Ground Lease.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,501 SF
Building Class
B
Year Built
2018
Price
$2,965,000
Price Per SF
$1,186
Cap Rate
5.56%
NOI
$165,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.69 AC
Frontage
93 FT on Katy Rd

Amenities

  • Signage
1 of 1
Walk Score ®
Very Walkable (74)
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

Freddy's Frozen Custard & Steakburgers
Planet Fitness
Regions Bank
Prosperity Bank
Buffalo Wild Wings
Starbucks
Chase Bank
Waffle House
H-E-B
Denny's

PROPERTY TAXES

Parcel Number 1153930000032 Improvements Assessment $1,118,202
Land Assessment $450,045 Total Assessment $1,568,247

PROPERTY TAXES

Parcel Number
1153930000032
Land Assessment
$450,045
Improvements Assessment
$1,118,202
Total Assessment
$1,568,247
(949) 667-1077

Contacts

  • Listing ID: 30276415

  • Date on Market: 12/4/2023

  • Last Updated:

  • Address: 1818 Fry Rd, Houston, TX 77084

More public record information on 1818 Fry Rd, Houston, TX 77084

The Retail Property at 1818 Fry Rd, Houston, TX 77084 is currently available for sale. Contact Anchor Point Capital, Inc for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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STNL Pollo Campero Abs. Ground Lease | 1818 Fry Rd
(949) 667-1077 x

STNL Pollo Campero Abs. Ground Lease | 1818 Fry Rd

1/4

Eric Vu

(949) 667-1077

(949) 667-1077

Chandler Dignam

(714) 928-9617

(714) 928-9617

Gage Thomas

(949) 244-4222

(949) 244-4222

Ned Skinner

(714) 264-2454

(714) 264-2454

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