Leased Quick-Service
For Sale
Contact for pricing
Pending
6902 Grand Mission Blvd, Richmond, TX 77407
Brand-new Popeye’s restaurant is leased under a 20-year term with operations by CSM Group.
Property Size2,407 SF
Lot Size0.72 Acres
Days on Market121
Property Features for 6902 Grand Mission Blvd
General Information
Standard status
Pending
Size
2,407 SF
Lot size
0.72 Acres
Property subtype
Retail
Site & Location
Traffic Count
45,000 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Northmarq San Diego
(858) 877-9847
Listed By:
Mike Philbin · License #CA 01922822
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 9 at 10:53AM
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 Northmarq San Diego
Investment Insights
Based on property information with market context.
New construction Popeye’s restaurant totaling 2,407 SF on 0.72 acres is currently operated under lease terms with CSM Group. The brand-new 20-year lease on the property commences upon the close of escrow.
The restaurant is positioned on Grand Mission Blvd next to a high volume of residential properties and is located off the exit of Westpark Tollway. The site is described as having over 45,000 cars passing daily.
CSM Group operates over 85 Popeye’s restaurants and has a contract in place to open another 43 locations, providing continuity of an established operator for this leased asset.
The restaurant is positioned on Grand Mission Blvd next to a high volume of residential properties and is located off the exit of Westpark Tollway. The site is described as having over 45,000 cars passing daily.
CSM Group operates over 85 Popeye’s restaurants and has a contract in place to open another 43 locations, providing continuity of an established operator for this leased asset.
Key Highlights
- Brand‑new Popeye’s restaurant leased to CSM Group under a 20‑year lease term
- 2,407 SF Popeye’s restaurant on 0.72 acres
- CSM Group operates over 85 Popeye’s restaurants and has a contract to open another 43 locations
Property Analytics
Current Use
Lease Details
45,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
129
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Dining 31%
7-Eleven
Shops & Services
17,060 visits/mo
0.0 miles
Popeyes Louisiana Kitchen
Dining
8,115 visits/mo
0.0 miles
Caliber Collision
Shops & Services
921 visits/mo
0.2 miles
Demographics for 77407, TX
74,657
Population
25,284
Households
3
Avg Household Size
34
Median Age
53%
College-Educated
91%
High-School Grad
20.0 sq mi
ZIP Area
3,733
Density / Sq Mi
$101,595
Median Household Income
$51,273
Median Earnings
$1,993
Median Rent
$353,800
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?
Conventional restaurant - Brand-new Popeye’s restaurant is leased under a 20-year term with operations by CSM Group.
Where is this conventional restaurant located?
The property is located at 6902 Grand Mission Blvd Richmond, TX.
What are key features of this property?
This property features: Brand‑new Popeye’s restaurant leased to CSM Group under a 20‑year lease term; 2,407 SF Popeye’s restaurant on 0.72 acres; CSM Group operates over 85 Popeye’s restaurants and has a contract to open another 43 locations
