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Chiba Hot Pot 2050 I-45

6,660 SF Retail Building Conroe, TX 77301 $3,257,000 ($489/SF) 7% Cap Rate

Restaurants Texas Conroe 2050 I-45, Conroe, TX 77301

Executive Summary

Chiba Hot Pot is a restaurant specializing in Hot Pot cuisine. It's a NNN Ground Lease for 10 years with two 5-year options.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,660 SF
Building Class
C
Year Built
1984
Price
$3,257,000
Price Per SF
$489
Cap Rate
7%
NOI
$227,990
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Land Acres
0.41 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
1
Parking
75 Spaces (11.26 Spaces per 1,000 SF Leased)
Frontage
69 FT on I-45 Hwy

Amenities

  • Freeway Visibility
  • Pylon Sign
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Nearby Major Retailers

Woodforest National Bank
Taco Bueno
Starbucks
Texas Roadhouse
MOD Pizza
Rent-A-Center
Regions Bank
First Bank
Casa Ole
Kroger Floral Department

PROPERTY TAXES

Parcel Numbers
Multiple
  • 7923-00-00710
  • 7923-00-00700
 Improvements Assessment $4,335,540
Land Assessment $3,484,460 Total Assessment $7,820,000

PROPERTY TAXES

Parcel Numbers
Multiple
  • 7923-00-00710
  • 7923-00-00700
Land Assessment
$3,484,460
Improvements Assessment
$4,335,540
Total Assessment
$7,820,000
(713) 574-6281

  • Listing ID: 31730421

  • Date on Market: 5/7/2024

  • Last Updated:

  • Address: 2050 I-45, Conroe, TX 77301

More public record information on 2050 I-45, Conroe, TX 77301

The Retail Property at 2050 I-45, Conroe, TX 77301 is currently available For Sale. Contact The Blue Ox Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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2050 I-45, Conroe, TX for sale Building Photo- Image 1 of 10
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2050 I-45, Conroe, TX for sale Building Photo- Image 3 of 10
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2050 I-45, Conroe, TX for sale Building Photo- Image 4 of 10
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2050 I-45, Conroe, TX for sale Building Photo- Image 5 of 10
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2050 I-45, Conroe, TX for sale Building Photo- Image 6 of 10
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2050 I-45, Conroe, TX for sale Building Photo- Image 7 of 10
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2050 I-45, Conroe, TX for sale Building Photo- Image 8 of 10
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2050 I-45, Conroe, TX for sale Building Photo- Image 9 of 10
Chiba Hot Pot OM_10.21.24_aerial 1

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Chiba Hot Pot | 2050 I-45
(713) 574-6281 x

Chiba Hot Pot | 2050 I-45

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Claire Salazar

(713) 574-6281

(713) 574-6281

Joshua Jacobs

(713) 230-8882

(713) 230-8882

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