Black Bear Diner

4,987 SF | Retail Building | Baytown, TX 77521 | $4,260,869 ($854/SF) | 5.75% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $4,260,869

Property Type
Retail, Restaurant
Square Feet
4,987 SF
Price / Square Foot
$854

Listing Contacts

James Anderson
James Anderson
Verified Profile
Bob Moorhead
Bob Moorhead
Verified Profile
  • Property Info

Property Details

Year Built
2024
Stories
1
Property Subtype
Freestanding, Storefront
Lot Size (sq. ft)
48,787 SF

Highlights

  • Brand New Construction, 15-Year Abs. NNN Corp. Lease with 10% Rental Increases Every 5 Yrs., Plus (4), 5-Yr. Options to Renew
  • Located on the NWC of Interstate 10 (93,000+ VPD) & John Martin Road (9,200+ VPD), 20 Miles East of Downtown Houston
  • Situated off of a Heavily-Trafficked Exit from I-10, Across from a Buc-ee’s, Next door to Chick-fil-A and 7-Eleven
  • There are 96,316 Residents Living w/in a 5-Mile Radius, Which is Estimated to Reach 103,000+ by 2028, and an Average Household Income of $91,087
  • Black Bear Diner has 156 Locations and have 14 New Restaurants Planned for 2024
  • Baytown | 4th Largest City in the Houston MSA | MSA Population: 7.34M+

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