22424 State Highway 249 | Houston, TX 77070
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This Retail Property is no longer advertised on LoopNet.ca.
22424 State Highway 249
Houston, TX 77070
Jason's Deli & School of Rock · Retail Property For Sale
Investment Highlights
- Operating under a corporate lease, Jason’s Deli provides security of income, boasting more than 290 locations in 28 states
- The leases feature sustainable in-place rents and contractual rent increases, making the Property an ideal 1031 exchange target
- ?UPCOMING RENTAL INCREASE | School of Rock will experience a 5% rental increase in 16 months, boosting the asset’s return in the near-term
- School of Rock is the largest music school franchise in the United States, with 260 locations globally, and the tenant is a multi-unit operator
- With direct access to the Highway 249 (Tomball Parkway) service drive, the Property boasts exposure to nearly 88,000 VPD
- Jason’s Deli features a drive-thru, which has been a huge component of success for many retail tenants during the pandemic
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,221 SF
Building Class
C
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.79 AC
Frontage
225 ft on hw 249
PROPERTY TAXES
Parcel Number | 1166690010001 | Improvements Assessment | $3,129,744 |
Land Assessment | $829,523 | Total Assessment | $3,959,267 |
PROPERTY TAXES
Parcel Number
1166690010001
Land Assessment
$829,523
Improvements Assessment
$3,129,744
Total Assessment
$3,959,267
Listing ID: 24947048
Date on Market: 2022-01-31
Last Updated:
Address: 22424 State Highway 249, Houston, TX 77070
The Retail Property at 22424 State Highway 249, Houston, TX 77070 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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