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11110 W Airport Blvd
Stafford, TX 77477 Sugar Ridge

$5,900,000 USD

Bar For Sale  •  14,197 SF

Property Details

  • Property Type Bar
  • Total Building Size 20,026 SF
  • Lot Size 2.75 AC
  • Building Class B
  • Year Built 1995
  • Tenancy Single
  • Zoning M
10 Transit Score
60 Walk Score

Highlights

Covered Land Play: The property is single tenant net leased and cash-flowing but offered for sale at underlying land value of $49.32/SF to land.
Irreplaceable Location: Situated across from The Grid, a 192-acre, mixed-use development, the subject property enjoys 20K VPD visibility.
Annual Rent Increases: The NNN lease enjoys annual rent increases of approximately 2.8% each year and an average cap rate of 6.8%
Proven Operator and Guarantor: Kinetix Fitness operated for approximately ten years at its previous location and outgrew its original space.

Property Flyers

Amenities

  • Fenced Lot
  • Restaurant
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning
  • Balcony

Public Transportation

AirportDriveWalkDistance
William P Hobby 35 min - 23.2 mi
George Bush Intcntl/Houston 45 min - 37.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 338
Type: Surface
Included in Rent: Yes
Gus Lagos 713-459-1333 Marcus & Millichap
Gus Lagos 713-459-1333 Marcus & Millichap