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18550 Northwest Fwy
Houston, TX 77065 Steeplechase

$1,899,236 USD

Fast Food For Sale  •  2,165 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,165 SF
  • Lot Size 0.57 AC
  • Building Class C
  • Year Built 2001
  • Cap Rate 5.50 %
  • Tenancy Single
0 Transit Score
44 Walk Score

Highlights

±9-Years Remaining on Absolute NNN Lease With Zero Landlord Responsibilities
10% Rent Increases Every 5 Years + Percentage Rent | Percentage Rent Kicks In at 8% of Sales Over Breakpoint if Annual Sales Exceed Prior Year by 5%
Located on U.S. 290 With ±153,790 Vehicles Per Day in Northwest Houston Retail Corridor
±2,165 SF Popeyes With Drive-Thru on ±0.57 Acres Shadow Anchored by High-Performing Sam’s Club
Franchisee Operates 120+ Popeyes Units and Was Named 2024 & 2025 Popeyes Franchisee of the Year
Part of Restaurant Brands International (NYSE: QSR) – $6.8B Revenue, 3,700+ Popeyes Locations Globally

Property Flyers

Cap Rate: 5.50 %

Public Transportation

AirportDriveWalkDistance
George Bush Intcntl/Houston 30 min - 20.9 mi
William P Hobby 49 min - 32.6 mi
Tyler Bindi 408-510-9057 Marcus & Millichap
Tyler Bindi 408-510-9057 Marcus & Millichap