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Income-Producing Freestanding Restaurant | 7626 Clarewood Dr 2,285 SF Retail Building Houston, TX 77036 $861,669 CAD ($377.10 CAD/SF) 7.68% Cap Rate
Investment Highlights
- Freestanding ±2,285 SF single-story commercial building
- NNN lease structure
- 7.68% cap rate
- Situated on a ±0.33-acre site
- Offered at $625,000
- Located in Southwest Houston’s Sharpstown corridor, one of the area’s active infill trade areas
Executive Summary
7626 Clarewood Drive presents the opportunity to acquire a stabilized, fully leased restaurant investment in Southwest Houston. The property consists of a freestanding ±2285 SF building on ±0.33 acres and is leased on an NNN basis to an operating restaurant tenant. Seller materials indicate the tenant executed a 3-year lease renewal in November 2025, offering continued in-place income and a simple management profile. Offered at $625,000, the asset is well-positioned for investors seeking leased retail exposure in a dense infill location with strong access and daily traffic.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,285 SF
Building Class
C
Year Built
1970
Price
$861,669 CAD
Price Per SF
$377.10 CAD
Cap Rate
7.68%
NOI
$66,176 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.33 AC
Zoning
None
Parking
16 Spaces (7 Spaces per 1,000 SF Leased)
Frontage
80’ on Clarewood Drive
Amenities
- Restaurant
- Signage
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0930600000007 | Improvements Assessment | $164,490 CAD |
| Land Assessment | $160,554 CAD | Total Assessment | $325,045 CAD |
Property Taxes
Parcel Number
0930600000007
Land Assessment
$160,554 CAD
Improvements Assessment
$164,490 CAD
Total Assessment
$325,045 CAD
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Income-Producing Freestanding Restaurant | | 7626 Clarewood Dr
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