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5321 S Rice Ave
Houston, TX 77081 Gulfton

$2,998,000 USD

Restaurant For Sale  •  2,964 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 2,964 SF
  • Lot Size 0.85 AC
  • Building Class A
  • Year Built 2015
  • Cap Rate 5.21 %
  • Tenancy Single
50 Transit Score
70 Walk Score

Highlights

NNN corporate ground lease to El Pollo Loco, Inc.
9+ years remaining followed by four 5-year renewal options.
10% rent increase every five years includes options.
Excellent infill location - Houston Uptown Crossing.
Cap Rate: 5.21 %

Major Tenants

Tenant SF Occupied Lease End Date
El Pollo Loco

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Drive Thru
  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
William P Hobby 32 min - 18.5 mi
George Bush Intcntl/Houston 35 min - 27.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Diana Kaplan 949-698-2119 RE/MAX Commercial
Diana Kaplan 949-698-2119 RE/MAX Commercial