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Velvet Taco | 10+yrs Corp Abs NNN w/ Incrs 2626 West Loop South 2,495 SF Retail Building Houston, TX 77056 $8,268,034 CAD ($3,313.84 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 10+ Years Remaining | Options To Extend | Scheduled Rental Increases
- Adjacent To The Galleria | Retail Corridor | I-610 (203,500 VPD) |Strong National/Credit Tenant Presence
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
• The lease features 10% rental increases every 5 years of the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation
PROPERTY FACTS
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Accommodation and Food Services
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99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Velvet Taco is a temple to the liberated taco. They're a one-of-a-kind taco concept serving premium food in a unique & funky fast-casual setting. Founded on the idea that tacos don’t have to be associated with Tex-Mex cuisine and can be made with the same care and quality ingredients as fine dining, Velvet Taco is where “anything goes meets the art of the possible. Some cool things about them: they use only the freshest ingredients available to offer a menu that explores the edge of multi-cultural boundaries, liberating tacos to a whole new level. They make their own tortillas, slow roast their own chicken and corn, use lots of booze in their margaritas, and make everything from scratch. Which means their food tastes really awesome.Their tacos may not change the entire world, but they think they’re pretty freakin’ great.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0836470000006 | Improvements Assessment | $751,424 CAD |
| Land Assessment | $2,123,039 CAD | Total Assessment | $2,874,463 CAD |
PROPERTY TAXES
Presented by
Velvet Taco | 10+yrs Corp Abs NNN w/ Incrs | 2626 West Loop South
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