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2050 I-45
Conroe, TX 77301

$3,102,041 USD

Restaurant For Sale  •  6,864 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,864 SF
  • Lot Size 0.41 AC
  • Building Class C
  • Year Built 1984
  • Cap Rate 7.35 %
  • Tenancy Single
  • Zoning 1
0 Transit Score
40 Walk Score

Highlights

Long Term Absolute Net Ground Lease (Zero Landlord Responsibilities) feat. 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
Recently Invested over $1.5M in Renovations at this Site, highlighting its Long-Term Commitment to the Location.
Prime Location along Interstate 45 with Strong Traffic Counts and Excellent Visibility, positioned within Conroe’s Primary Retail Corridor.
Interstate 45 Captures High Volume Daily Commuter Traffic between Houston, Conroe, and The Woodlands.
Chiba Hot Pot is a Popular All-You-Can-Eat Dining Destination Offering an Interactive Experience where Fresh Ingredients.
Benefiting from Strong Daytime Population supported by Nearby Office Users, Medical Facilities, Retail Employment Hubs, and Industrial Distribution.
Cap Rate: 7.35 %

Major Tenants

Tenant SF Occupied Lease End Date
Chiba Hot Pot 6,864 SF 6/30/2034

Amenities

  • Freeway Visibility
  • Pylon Sign

Public Transportation

AirportDriveWalkDistance
George Bush Intcntl/Houston 41 min - 33.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap