16770 Southwest Fwy 2,915 SF Retail Building Sugar Land, TX 77479 £2,325,746 (£797.85/SF) 6% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • AlphaMaps shows this location to be in the 81st percentile of all stores. (inquire for more details)
  • The property is located in an affluent submarket of Houston, Texas. The average household income is over $140,000.
  • Houston Methodist Hospital is located across the street which has over 1,000 operating beds and over 33,000 employees.
  • Trophy location. Property sits right off of Southwest Fwy (123,150 VPD) and Sweetwater Rd (29,507 VPD) which accounts for over 150,000 vehicles per da
  • Located on a hard corner as a pad site to a major shopping center anchored by Lowes, Ashley Homestore, PetSmart and Five Below.

EXECUTIVE SUMMARY

Silber Properties is pleased to bring to market a Taco Cabana in lovely Sugar Land, Texas. Strategically positioned on a prestigious pad site adjacent to a Lowe’s Anchored Shopping Center, this asset commands unparalleled visibility and capitalizes on a captive audience drawn by the esteemed retailer’s consistent patronage. Nestled within a high-traffic artery of Sugar Land—a prosperous Houston suburb renowned for its affluent populace, exemplary educational institutions, and vigorous economic ascent—this Taco Cabana stands as an alluring beacon for discerning locals and transients alike, eager for its celebrated Tex-Mex offerings. The property is underpinned by an absolute triple net (NNN) lease, a hallmark of effortless ownership wherein the tenant assumes all fiscal responsibilities—maintenance, taxation, and insurance—affording the investor an elegant, low-overhead revenue stream fortified by a corporate guarantee of unwavering reliability.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,915 SF
Building Class
B
Year Built
2010
Price
£2,325,746
Price Per SF
£797.85
Net Initial Yield
6%
NOI
£139,550
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
1.06 AC
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
100 ft on First Colony Blvd

AMENITIES

  • Motorway Visibility
  • Pylon Sign
  • Signage
  • Signalised Junction
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Accommodation and Food Services
  • -
  • £46.00
  • NNN
  • Jun 2031

Taco Cabana specializes in Mexican -inspired food made fresh by hand from unique authentic recipes and ingredients that reflect their rich history. They are extremely proud of their industry leadership position in quality and taste. The TC menu includes a delicious variety of breakfast, lunch and dinner tacos, flame-grilled fajitas, burritos, quesadillas, flautas, enchiladas, Cabana Bowls®, Cabana Salads™, freshly-made flour tortillas, a selection of made-from-scratch salsas and sauces, and refreshing signature margaritas. They continue to redefine the Mexican fast-casual dining experience through ongoing culinary, service, and operations enhancements. Each and every day, they're committed to providing their guests true Mexican flavor.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Accommodation and Food Services - £46.00 NNN Jun 2031

NEARBY MAJOR RETAILERS

D1 Sports Training
UFC Gym
Goldfish Swim School
Cadence Bank
IHOP
First Horizon Bank
Truist
Chase Bank
WW
Pure Barre

PROPERTY TAXES

  • Listing ID: 35375799

  • Date on Market: 04/04/2025

  • Last Updated:

  • Address: 16770 Southwest Fwy, Sugar Land, TX 77479