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6501 SW Freeway
Houston, TX 77074 Gulfton

$4,808,963 USD

Restaurant For Sale  •  6,713 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 9,000 SF
  • Lot Size 1.31 AC
  • Building Class B
  • Year Built 1979
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning F1
40 Transit Score
60 Walk Score

Highlights

Absolute Net Ground Lease (Zero Landlord Responsibilities) - 2% Annual Rental Increases throughout the Initial Term and 10% throughout the Options.
Tenant Recently Invested $2.4 Million in Building Improvements prior to Opening. Strong Daytime Population.
Prime Frontage along US-59 / I-69 with Excellent Visibility and Direct Access, positioned within one of Houston’s Primary Commuter Corridors.
Located within the Dense Gulfton / Sharpstown Submarket, one of Houston’s most Populated Trade Areas.
El Muelle Seafood is a Growing Houston based Restaurant Concept with Multiple Locations, offering a High Volume Dining Experience.
Strategically positioned near Hillcroft Avenue and Bellaire Boulevard, two Major Commercial Corridors known for High Traffic Counts.
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
El Muelle Seafood 9,000 SF 1/31/2034

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
16 min - 10.0 mi
AirportDriveWalkDistance
William P Hobby 33 min - 19.7 mi
George Bush Intcntl/Houston 37 min - 28.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
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