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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
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
  • Listing ID: 26191957

  • Date on Market: 7/18/2022

  • Last Updated:

  • Address: 2616 Spencer Hwy, Pasadena, TX 77504

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