Drive-Through Restaurant
For Sale
Contact for pricing
11880 Bissonnet St, Houston, TX 77099
Freestanding QSR building with drive-through service, parking, and access from a signalized intersection.
Property Size3,209 SF
Price / SF$451.85
Days on Market69
Property Features for 11880 Bissonnet St
General Information
Standard status
Active
Size
3,209 SF
Property subtype
Retail
Investment Type
Redevelopment
Additional Details
Drive-Thru
Yes
Building Details
Year Built
1998
Listing Agency:
Summit RE
Listed By:
Jackson Brewer · License #TX 772853
Source:
Crexi
Added: Aug 7
Changed: Oct 10
Last Checked: Oct 12 at 5:25PM
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 Summit RE
Investment Insights
Based on property information with market context.
This 3,209-square-foot drive-through restaurant building was constructed in 1998 and is configured for quick-service restaurant operations. The existing improvements include a drive-through lane and ample parking, providing a functional setup for restaurant users.
The property occupies a signalized corner on Bissonnet Street in Houston and serves as an outparcel to a grocery-anchored center. Access is provided from the intersection, with surrounding residential neighborhoods, retail centers, and businesses creating a densely developed commercial setting.
The property occupies a signalized corner on Bissonnet Street in Houston and serves as an outparcel to a grocery-anchored center. Access is provided from the intersection, with surrounding residential neighborhoods, retail centers, and businesses creating a densely developed commercial setting.
Key Highlights
- 3,209‑square‑foot restaurant building constructed in 1998
- Existing drive‑through lane supports QSR operations
- Signalized corner location on Bissonnet Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,387
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$987,740
$987.7K
Cap Rate 7%
$705,529
$705.5K
Cap Rate 9%
$548,744
$548.7K
Market Conditions
NOI Build-Up for 3,209 SF
Gross rent
$69.3K $21.60/SF
− Vacancy
−$3.5K −$1.08/SF
EGI
$65.8K $20.52/SF
− OpEx
−$16.5K −$5.13/SF
NOI
$49.4K $15.39/SF
Area
Houston, TX
Vacancy
5.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$987,740
Cap Rate 7%
$705,529
Cap Rate 9%
$548,744
Alternative Uses
Best Use
Specialty Retail
$705.5K
$617.3K – $823.1K
NOI $49,387 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$825.2K
$722.0K – $962.7K
NOI $57,762 @ 7.0% cap · market cap 3.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
848
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Electronics 39%
Shops & Services 8%
Golden Chick
Dining
2,315 visits/mo
0.5 miles
Metro by T-Mobile
Electronics
1,721 visits/mo
0.2 miles
Jackson Hewitt Tax Service
Shops & Services
328 visits/mo
0.2 miles
Demographics for 77099, TX
49,849
Population
17,860
Households
2.8
Avg Household Size
34
Median Age
20%
College-Educated
71%
High-School Grad
6.1 sq mi
ZIP Area
8,172
Density / Sq Mi
$48,735
Median Household Income
$29,587
Median Earnings
$1,218
Median Rent
$176,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freestanding QSR building with drive-through service, parking, and access from a signalized intersection.
Where is this drive through restaurant located?
The property is located at 11880 Bissonnet St Houston, TX.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 3,209‑square‑foot restaurant building constructed in 1998; Existing drive‑through lane supports QSR operations; Signalized corner location on Bissonnet Street
