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Jack in the Box 18 Wilson Rd 2,274 sq ft Retail Property Humble, TX 77338 £2,093,448 (£920.60/sq ft) 6.75% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Absolute NNN with Zero Landlord Responsibilities
- Successful & Established Tenant at the Location since 2009
- Drive-thru Location just off 52k Cars/day Corner and Blocks from the 69 Freeway
- Lease Guaranteed by A3H Foods - 91 Restaurant Operator
- Rapid Growth in Houston Metro Area – over 2.5 x Faster than National Average
- Commercial Hub with large Malls and National Tenants like Starbucks, Sonic, Home Depot, Best Buy, Old Navy and more
EXECUTIVE SUMMARY
PLEASE SEE ATTACHED MARKETING PACKAGE FOR FULL INFORMATION:
OFFERING SUMMARY: Jack in the Box located at 18 Wilson Rd in the greater Houston metro has been a long-standing successful drive-thru restaurant since 2009. The restaurant will always have heavy traffic because it is located just off a 52k cars/day corner and close to the 69 freeway. There are 8 schools and approx. 5,600 students within 2 miles which creates strong demand for fast food. The area is a commercial hub with very large malls like: Deerbrook Market Place, Bender Square and Deerbrook
Square all major draws of traffic and clientele for the area which ideal for fast food.
DEMOGRAPHICS: Houston’s population continues to grow rapidly at roughly 2.5 x faster than the national average. This property is in a dense location with over 174k residents within 5 miles and an average household income of about 100k, which is ideal for a fast-food business.
FOR SALE: $2,800,000 - 6.75% Cap Rate and Absolute NNN
OFFERING SUMMARY: Jack in the Box located at 18 Wilson Rd in the greater Houston metro has been a long-standing successful drive-thru restaurant since 2009. The restaurant will always have heavy traffic because it is located just off a 52k cars/day corner and close to the 69 freeway. There are 8 schools and approx. 5,600 students within 2 miles which creates strong demand for fast food. The area is a commercial hub with very large malls like: Deerbrook Market Place, Bender Square and Deerbrook
Square all major draws of traffic and clientele for the area which ideal for fast food.
DEMOGRAPHICS: Houston’s population continues to grow rapidly at roughly 2.5 x faster than the national average. This property is in a dense location with over 174k residents within 5 miles and an average household income of about 100k, which is ideal for a fast-food business.
FOR SALE: $2,800,000 - 6.75% Cap Rate and Absolute NNN
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Property Size
2,274 sq ft
Costar Property Class
C
Year Built
2009
Price
£2,093,448
Price per sq ft
£920.60
Yield
6.75%
NOI
£141,397
Tenancy
Single
Number of Floors
1
Plot ratio
0.06
Total Plot Size
0.89 ac
Use Class
Commercial
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0431500026007 | Improvements Assessment | £439,097 |
| Land Assessment | £287,452 | Total Assessment | £726,549 |
PROPERTY TAXES
Parcel Number
0431500026007
Land Assessment
£287,452
Improvements Assessment
£439,097
Total Assessment
£726,549
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Jack in the Box | 18 Wilson Rd
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