Seri Bryant
Associate
818.212.2655
Seri.Bryant@MarcusMillichap.com
"
The quality of your thinking determines the quality of your life.
"
Danny Abergel
Senior Associate
CA BRE: 01797904
818.212.2715
Danny.Abergel@MarcusMillichap.com
"
Beware of the little expenses. A small leak can sink a great ship.
"
Rebekah Snyder
Senior Research Analyst
818.212.2731
Rebekah.Zweiban@MarcusMillichap.com
"
Two things define you. Your patience when you have nothing, and your attitude when you have everything.
"
Ezra Orr
Senior Director, Digital Development
818.212.2730
"
The only person you should try to be better than is the person you were yesterday.
"
Jesica Ocheltree
Operations Manager
818.212.2730
"
Happiness is a choice, not a result.
"
Kathy Magallanes
Certified Agent Support Specialist
"
Success is not in what you have, but who you are.
"
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Red Lobster
4717 Highway 10, Baytown, TX 77521
Price:
$2,987,827
CAP Rate:
5.80%
NOI:
$173,294
Net Rentable Area:
9,015 SF
Lot Size:
1.87 Acres
Year Built:
1998
Status:
Available
Download the Offering Memorandum for details about the tenant, lease, financials, and more.
DOWNLOAD THE OFFERING
Property Details
Long term corporate guaranteed true NNN lease
No landlord responsibilities
2% annual rent bumps hedges against inflation
Over life of base term, the average Return is 7.28%
Affluent Houston suburb where average household income exceeds $109,103
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