Chiba Hot Pot | 2050 I-45
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Chiba Hot Pot 2050 I-45
6,660 SF Retail Building Conroe, TX 77301 $4,616,700 CAD ($693 CAD/SF) 7% Cap Rate
Executive Summary
Chiba Hot Pot is a restaurant specializing in Hot Pot cuisine. It's a NNN Ground Lease for 10 years with two 5-year options.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,660 SF
Building Class
C
Year Built
1984
Price
$4,616,700 CAD
Price Per SF
$693 CAD
Cap Rate
7%
NOI
$323,169 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.41 AC
Opportunity Zone
Yes
Zoning
1
Parking
75 Spaces (11.26 Spaces per 1,000 SF Leased)
Frontage
69 ft on I-45 Hwy
Amenities
- Freeway Visibility
- Pylon Sign
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $6,100,885 CAD | |
Land Assessment | $4,903,262 CAD | Total Assessment | $11,004,147 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$4,903,262 CAD
Improvements Assessment
$6,100,885 CAD
Total Assessment
$11,004,147 CAD
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Chiba Hot Pot | 2050 I-45
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