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Chipotle, Jared, Tutti Frutti 10031 FM 1960 Bypass Rd W 9,042 SF 100% Leased Retail Building Humble, TX 77338 $9,685,317 CAD ($1,071.15 CAD/SF) 7% Cap Rate
Investment Highlights
- 100% Occupied Three-Tenant Pad to a 1.2-Million-Square-Foot Super-Regional Mall: Chipotle, Jared Jewelry, and Tutti Frutti
- Proven Location With Long-Term Occupancy; Jared Has Been Operating at the Property Since 2004, Chipotle Since 2007, and Tutti Frutti Since 2011
- Strong Chipotle Performance With Prior Reported Sales
- All Tenants Are on Long-Term NNN Leases With Staggered Lease Expirations
- Brand-New 10-Year Extensions by Chipotle and Tutti Frutti (11.5 Years Remaining on Chipotle)
- Recent Capital Improvements Include a Brand-New Roof With a 15-Year Warranty
Executive Summary
100% Occupied 3-Tenant Pad to 1.2 MSF Super-Regional Mall | Long-Term Lease Extensions | High-Growth Houston Suburb
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,042 SF
Building Class
B
Year Built/Renovated
2004/2025
Price
$9,685,317 CAD
Price Per SF
$1,071.15 CAD
Cap Rate
7%
NOI
$677,972 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.41 AC
Parking
64 Spaces (7.08 Spaces per 1,000 SF Leased)
Frontage
134’ on Fm-1960-byp Rd
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- May 2027
Tutti Frutti Frozen Yogurt est le plus grand détaillant de yogourt glacé en libre-service au monde. Avec plus de 680 emplacements dans plus de 30 pays, ils se sont actuellement étendus à travers le monde. Avec plus de 80 arômes de yogourt glacé et des centaines de garnitures différentes, ils créent constamment des goûts nouveaux et uniques, le distinguant de ses concurrents. De plus, leurs franchises utilisent toutes leur propre marque de machines de pointe.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | May 2027 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 1193960010001 | Improvements Assessment | $1,666,027 CAD |
| Land Assessment | $2,098,311 CAD | Total Assessment | $3,764,338 CAD |
Property Taxes
Parcel Number
1193960010001
Land Assessment
$2,098,311 CAD
Improvements Assessment
$1,666,027 CAD
Total Assessment
$3,764,338 CAD
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Chipotle, Jared, Tutti Frutti | 10031 FM 1960 Bypass Rd W
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