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Vacant Quick Service Restaurant 1600 S Market St 1,196 SF Vacant Retail Building Brenham, TX 77833 $546,088 CAD ($456.59 CAD/SF)
INVESTMENT HIGHLIGHTS
- High Growth Market
- 12,000+ Vehicles Per Day on Market Street (Business Highway 290)
- Excellent Opportunity for Owner-User
- Priced Below Replacement Cost
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to exclusively offer for sale a Vacant Quick Service Restaurant, which was formerly occupied by Sonic Drive-In. This restaurant property features 1,196 square feet of leasable area on 15,392 square feet. The subject property is offered for sale for $395,000.
The offering is vacant, which provides an excellent opportunity to an owner-user or an investor with tenant relationships. The property is priced below replacement cost, making it economical for either a user or investor.
One of the key advantages of this property is its location in Brenham, a region experiencing significant growth in both retail and residential development. This growing market trend provides a favorable environment for maximizing returns on investment. As the demand for commercial and residential spaces in Brenham rises, investors can leverage this opportunity to invest in a thriving market and benefit from the increasing economic activity.
The offering is vacant, which provides an excellent opportunity to an owner-user or an investor with tenant relationships. The property is priced below replacement cost, making it economical for either a user or investor.
One of the key advantages of this property is its location in Brenham, a region experiencing significant growth in both retail and residential development. This growing market trend provides a favorable environment for maximizing returns on investment. As the demand for commercial and residential spaces in Brenham rises, investors can leverage this opportunity to invest in a thriving market and benefit from the increasing economic activity.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,196 SF
Building Class
C
Year Built
1974
Price
$546,088 CAD
Price Per SF
$456.59 CAD
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.08
Lot Size
0.35 AC
Parking
25 Spaces (20.9 Spaces per 1,000 SF Leased)
Frontage
145’ on South Market Street
AMENITIES
- Corner Lot
- Restaurant
- Drive Thru
- Storage Space
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5750-912-01300 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $331,581 CAD |
PROPERTY TAXES
Parcel Number
5750-912-01300
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$331,581 CAD
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Vacant Quick Service Restaurant | 1600 S Market St
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