Pizza Hut NNN Retail
New
For Sale
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1020 Eldridge Road, Sugar Land, TX 77478
Single-story restaurant leased under an absolute NNN structure with renewal options and scheduled rent increases.
Property Size1,456 SF
Lot Size0.40 Acres
Price / SF$877.58
Days on Market7
Property Features for 1020 Eldridge Road
General Information
Standard status
Active
Size
1,456 SF
Lot size
0.40 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$79,860
Additional Details
Highway Access
Yes
Building Details
Year Built
1991
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Horvath & Tremblay Tampa
Listed By:
Chris King · License #FL 3359988
Source:
Crexi
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 9 at 7:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay Tampa
Investment Insights
Based on property information with market context.
The property includes a 1,456-square-foot, single-story Pizza Hut building on a 0.40-acre parcel at 1020 Eldridge Road. The fee simple interest is subject to an Absolute NNN Lease with 14+ years remaining, four 5-year renewal options, and 10% rent increases every five years during the base term and at each option commencement. Constructed in 1991, the building offers a straightforward single-tenant restaurant format.
Eldridge Road serves as a commercial and commuter corridor, with national and local retailers, industrial complexes, and warehouses in the surrounding area. Dense residential neighborhoods and more than 10 schools are also nearby. Regional access includes US Alt Route 90, Interstate 69, and TX Routes 6 and 8, while the property is approximately 20 miles southwest of downtown Houston.
Eldridge Road serves as a commercial and commuter corridor, with national and local retailers, industrial complexes, and warehouses in the surrounding area. Dense residential neighborhoods and more than 10 schools are also nearby. Regional access includes US Alt Route 90, Interstate 69, and TX Routes 6 and 8, while the property is approximately 20 miles southwest of downtown Houston.
Key Highlights
- Single‑tenant Pizza Hut building measures 1,456 square feet on a 0.40‑acre parcel
- Absolute NNN Lease has 14+ years remaining
- Four (4), 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
80k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 29%
Groceries 22%
McDonald's
Dining
20,291 visits/mo
0.1 miles
Lewis Food Town
Groceries
17,868 visits/mo
0.1 miles
Dollar Tree
Shops & Services
10,885 visits/mo
0.1 miles
Popeyes Louisiana Kitchen
Dining
6,899 visits/mo
0.2 miles
Wells Fargo
Shops & Services
5,885 visits/mo
0.1 miles
Demographics for 77478, TX
24,536
Population
9,168
Households
2.7
Avg Household Size
48
Median Age
59%
College-Educated
94%
High-School Grad
10.0 sq mi
ZIP Area
2,454
Density / Sq Mi
$116,205
Median Household Income
$53,388
Median Earnings
$1,751
Median Rent
$378,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-story restaurant leased under an absolute NNN structure with renewal options and scheduled rent increases.
Where is this nnn property located?
The property is located at 1020 Eldridge Road Sugar Land, TX.
What is the asking price?
The asking price for this property is $1,277,760.
What are key features of this property?
This property features: Single‑tenant Pizza Hut building measures 1,456 square feet on a 0.40‑acre parcel; Absolute NNN Lease has 14+ years remaining; Four (4), 5‑year renewal options
