2616 Spencer Hwy | Pasadena, TX 77504
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This Retail Property is no longer advertised on LoopNet.com.
2616 Spencer Hwy
Pasadena, TX 77504
Sonic Pasadena TX - 15 Year SLB - Healthy RTS · Retail Property For Sale
Investment Highlights
- Brand New 15 Year Absolute Triple Net (NNN) Lease
- Strong Sales Performance With Healthy Rent-to-Sales Ratio
- Essential Use Tenant With Drive-Thru; Pandemic and Recession Resistant
- 10% Rent Increases Every 5 Years Allowing Investors to Hedge Against Inflation
- Emerge Inc. is a Growing Operator With 124-Units Across Four Brands (28-Unit Guaranty)
- Ideal Opportunity For 1031 Exchange Buyers - National Fast Food Tenant in an Affluent and Growing Market
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Fast Food
- General Retail Restaurant
- General Retail Storefront
- Industrial Food Processing
Building Size
1,690 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.57 AC
Links
Learn More About Investing in Retail Properties
Listing ID: 26191957
Date on Market: 7/18/2022
Last Updated:
Address: 2616 Spencer Hwy, Pasadena, TX 77504
The Retail Property at 2616 Spencer Hwy, Pasadena, TX 77504 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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