25K SQFT BLDG forsale in $400’S & POPEYE’S FORSALE 8% CAP RATE $1.9M

BAYTOWN 25K

Baytown huge building 25,000 sqft of leaseable space is occupied by one tenant on lower level, and has another 12,500 sqft on top level for space.  On corner on one of the busiest streets in Baytown, perfect for c-store.  Super Cheap!

POPEYES

Details: Popeye’s location for sale the fee simple interest (land & building) in a freestanding, single-tenant, NNN leased Popeyes (the “Property”) located within the North Houston Business District in Houston, Texas. The Property is operated by the nation’s largest Popeyes franchisee, HZ Southeast Props, LP, who is a multi-brand operator based out of Houston, TX with more than 270 Popeyes restaurants in 7 states, 26 other La Madeleine French Bakery & Cafe concepts, and having an annual revenue in excess of $500 million and ambitions to reach more than 1,000 units in the next five years. The lease features rare annual rent increases (2.36% – 3.00%) throughout the Primary Term and each Option Period remaining, 3 (5-year), generating steady NOI growth and hedging against inflation.

1.35 Acres with Building (old gas station) – Across From Major Shopping Center only $600K+

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Old Gas Station on Super Busy Street (46,000 cars per day) on 1.35 Acres – SOLD FOR LOT VALUE ONLY !!! in $600’sK – NO INSIDE SALES HISTORY – NO OUTSIDE SALES HISTORY – NO Contract on Gas – Sold for DIRT VALUE – Great location to renovate old gas station or make shopping center or apartment complex.  It is next to a 80 Unit Class A apartment complex now.

Need Address E-Sign Agreement: https://app.hellosign.com/s/fbefe2f1

HOUSTON Gas Station / C-Store forsale in $600’s

Gas Station with 2 new pumps updated in 2003 and tanks for sale in Houston Texas.
Inside Sales: $30,000-$35,000
Outside Sales: $4000-5000
Lottery: $1000-$2000

Lot Size 27,000 sqft

Need Address E-Sign Agreement: https://app.hellosign.com/s/fbefe2f1

 

Houston Hard Corner Signalized PLUS HUGE Building

Lot Size: 1.5 acres
Building Size: 22,000 sqft
Cars Per Day: 13000 + 7000 = 20,000 cars per day
Sales Price: $1.15M

Convert this building into a retail shopping center +  open your own retail business such as a Gas Station or a C-Store

 

HOUSTON GAS STATION / C-STORE WITH SHOPPING CENTER ONLY $2.5M

HUM GAS 3hum gas 2

NEED ADDRESS: CALL / TEXT 832-305-7653

Sale Notes

  •  Great C-Store and Office Opportunity for the right buyer – Approximately 13,000 SF of office/retail space and 3,000 SF of C-Store with 4 MPDs with EMV system, built 2009 – 5,565 SF of retail is recently leased at $1.37 PSF for first five years then increasing to $2.25 PSF;
  • Medical office tenant – 14%+ PROFORMA – Cap rate for buyer who fills the retail space with tenants at current market rental rates –
  • C-Store Sales – $50K/month Inside and 25K gallons/month fuel sales, –
  • Jobber contract expires in 2020 –
  • Deli could be re-opened –
  • Store has gaming machines but sales not available –
  • Lease on 5,565 SF of office space is at $93,111/year (gross lease) for first 5 years with tenant option to renew at $150,255/year ($2.25 PSF Gross Lease) –
  • If new owner can lease out space at current market rate of $20 PSF + NNN, should get about $300,000 in net rent/year after tenant renewal –
  • Excellent corner location with about 91,360 vehicles per day and about 13,100 vehicles per day on Main St. –
  • Current 2017 Harris County appraised value of $1,376,296.00, real estate only; does not include business valuation – Non-Disclosure Agreement required to get full details. Do not talk with the store employees about store being for sale

High Cap Rate Shopping Centers in/near Houston from $500K

2 National Tenants with Rent Bumps in 2020 to jump cap rate to nearly 10% only $599K now at 8.5% Cap Rate

599k cap shopping

8% Cap Rate with over 15 Tenants – Recently Built and only 1 vacancy at 100% Occupied we are at over 9% Cap Rate

5m shopping center

Perfect location for Gas Station / C-Store / Bank or Owner Occupied Property – Do you see the Gas Station Location it has 70,000 cars per day + the Shopping Center cash flows with over 8.25% Cap Rate – Thus you can operate rent free.

Gas Station Shopping Center

C-Store w/ Gas Station (Houston, TX) – $449K

450k

Inside Sales Estimate: $25,000
Outside Sales: 25,000-30,000 Gallons Sold

Sale TypeOwner/User
Status Active

Building

Type Retail Convenience Store
GLA 2,586 SF
Stories 1
Typical Floor 2,586 SF
Year Built 1979
Frontage
Walk Score®Somewhat Walkable (58)
Transit Score®Minimal Transit (0)

Land

Land Acres 0.33 AC
Bldg FAR0.18
Corner Lot Yes
Land SF 14,375 SF

Amenities

  • Corner Lot

C-Store for Sale Corner Lot $699K (Houston, TX)

Description: 2900 square foot shopping center on corner lot on 1/2 acre and has great parking space. The lots are designated commercial property right now. The store has potential to be a working convenient store or private office. 12,375 square feet and is 11,250 square feet.  Located in Central Houston, TX in prestige neighborhood, basically sold at LOT value.

NEED ADDRESS? SIGN commission protection agreement

Traffic

Collection Street Cross Street Traffic Vol Year Distance
main
main
16,276
2015
0.12 m

Demographics

1 Mi 3 Mi
Population
16,139
125,053
Households
5,404
44,327
Average Age
35.20
37.00
Median HH Income
$55,565
$66,387
Daytime Employees
12,986
74,227
Population Growth ’17-’22
7.8%
7.5%
Household Growth ’17-’22
7.5%
7.3%

For Sale

Price $699,000
Price/SF $238.10
Sale Type Owner/User
Status Active
On Market 6 Days
Last Updated Jul 7, 2017

Building

Type 4 Star Retail Convenience Store
GLA 2,940 SF
Stories 1
Typical Floor 2,940 SF
Walk Score®Very Walkable (70)
Transit Score®Some Transit (39)

Land

Land Acres0.54 AC
Bldg FAR0.12
Land SF23,625 SF
Parcel0836600000001
2016 Assessment
Improvements
Land
Total Value
 $90,611
 $123,750
$214,361
 $30.82/SF
 $5.24/SF
$9.07/SF
YEAR BUILT: 1958
Current
YOY Change

Vacancy Rates

Current Building
100%
100%
Submarket 3-5 Star
2.5%
0.4%
Market Overall
5.2%
0.4%

NNN Asking Rents Per SF

Submarket 3-5 Star
$19.84
28.6%
Market Overall
$16.55
4.1%

Submarket Leasing Activity

12 Mo. Leased SF
125,344
29.5%
Months on Market
9.2
3.3 mo

Submarket Sales Activity

Current
Prev Year
12 Mo. Sales Volume (Mil.)
$2.9
$0
12 Mo. Price Per SF
$110

Shopping Center WITH C-Store at 75% Occupancy has near 10% Cap Rate! 13% at 100% (Houston, TX)

 

600k center

Houston #ShoppingCenter WITH a C-Store for sale has a very high actual cap rate at near 10% with 75% occupancy, once we get the last space filled we will have a 13%+ cap rate.  Asking price: $599k with a NOI (Net Operating Income) of $60,000 annually.   Long term tenants in place.  C-Store is long term tenant been there many years.  Property is on soft corner in front of 400 Unit Apartment Complex.

Building

Type 3 Star Retail Freestanding
GLA – Total Sqft: 3,846 SF
Stories 1
Typical Floor 3,846 SF
Walk Score®Somewhat Walkable (61)
Transit Score®Some Transit (32)

 

Location: Northeast Houston

NEED ADDRESS: SIGN commission protection agreement and fax to 1-800-508-2939 or email it to Allen.

300K Gallons SOLD + SHOPPING CENTER – SHELL TRAVEL CENTER (TEXAS)

YOU WANT HIGH VOLUME !! HERE YOU GO 300,000 GALLONS SOLD + SHOPPING CENTER WITH TACO BELL & BBQ RESTAURANT – FULLY STOCKED – OWNER LOOKING TO SELL AND RETIRE.

SALES PRICE: WITHHELD – BRING HIGHEST AND BEST OFFER – SELLER LOOKING FOR HIGH DOWN PAYMENT OR ALL CASH – QUICK CLOSE

NEED ADDRESS & NEVER DONE BUSINESS WITH US – SIGN commission protection agreement

Gas Station 29k Inside Sales – NO GAS taking offers ($399k OBO)

NEED ADDRESS ?? SIGN commission protection agreement

Seller wants $399K but I told him it is too high, so he is negotiable.  Store is located about 30 minutes from Houston.  He bought it 11 months ago and rehabbed it, IMS reports show 50-60k inside sales.  2,167 SF stand-alone building few blocks of major highway and various nationwide retailers. Few competitors are within the immediate market area of business. Room for improvement to bring more customers the Gas stations.  No contract on gas.

broad

 

Building

Type 2 Star Retail
GLA 2,496 SF
Stories 1
Typical Floor 2,496 SF
Year Built 1977
Tenancy Single
Owner Occup No
Parking 7 Surface Spaces are available; Ratio of 2.80/1,000 SF
Frontage 102′ on Main
Taxes$2.48/SF (2016)
Walk Score®Very Walkable (71)
Transit Score®Minimal Transit (0)

Land

Land Acres 0.29 AC
Bldg FAR 0.20
Land SF 12,500 SF
Zoning None
Current
YOY Change

Vacancy Rates

Current Building
0.0%
0.0%
Submarket 1-3 Star
7.2%
0.3%
Market Overall
5.2%
0.2%

NNN Asking Rents Per SF

Submarket 1-3 Star
$13.56
7.2%
Market Overall
$16.34
4.2%

Submarket Leasing Activity

12 Mo. Leased SF
439,185
17.4%
Months on Market
11.5
4.7 mo

Submarket Sales Activity

Current
Prev Year
12 Mo. Sales Volume (Mil.)
$50
$60.4
12 Mo. Price Per SF
$238
$130

Demographics

1 Mi 3 Mi
Population
5,643
19,291
Households
2,052
6,928
Average Age
37.50
37.70
Median HH Income
$49,925
$68,716
Daytime Employees
4,556
12,916
Population Growth ’17-’22
11.0%
9.9%
Household Growth ’17-’22
11.0%
9.9%

Traffic

Collection Street Cross Street Traffic Vol Year Distance
TRAFFIC COUNT
12,823
2015
0.06 mi
2016 Assessment
Improvements
Land
Total Value
 $166,254
 $43,757
$210,011
 $66.61/SF
 $3.50/SF
$16.80/SF