Single-Tenant Mexican
For Sale
Contact for pricing
1717 North 16th St, Orange, TX 77630
Absolute net restaurant lease with corporate backing, annual escalations, and renewal options.
Property SizeContact for details
Days on Market145
Property Features for 1717 North 16th St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5225
Listed By:
Philip Levy · License #TX 522087
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 11:43AM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
This single-tenant Mexican restaurant occupies a 4,396-square-foot building on 0.99 acres at 1717 North 16th St in Orange, Texas. Constructed in 1985, the property is subject to an absolute net lease, placing no landlord responsibilities on the owner. The tenant is backed by Mexican Restaurants, Inc., which operates and franchises 57 Mexican restaurants.
The primary lease term has more than seven years remaining, includes 1.5% annual rent escalations, and provides two 10-year renewal options. The site fronts North 16th Street, also identified as Highway 87, with reported traffic exceeding 19,000 vehicles per day. Interstate 10 is less than one mile north, and the surrounding commercial area includes national and regional retailers such as Kroger, McDonald’s, Walgreens, H-E-B, CVS, and O’Reilly Auto Parts.
The primary lease term has more than seven years remaining, includes 1.5% annual rent escalations, and provides two 10-year renewal options. The site fronts North 16th Street, also identified as Highway 87, with reported traffic exceeding 19,000 vehicles per day. Interstate 10 is less than one mile north, and the surrounding commercial area includes national and regional retailers such as Kroger, McDonald’s, Walgreens, H-E-B, CVS, and O’Reilly Auto Parts.
Key Highlights
- 4,396‑square‑foot restaurant building on 0.99 acres
- Absolute net lease with no landlord responsibilities
- Corporate backing from Mexican Restaurants, Inc., operator and franchiser of 57 Mexican restaurants
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77630, TX
29,317
Population
13,127
Households
2.2
Avg Household Size
39
Median Age
16%
College-Educated
90%
High-School Grad
95.8 sq mi
ZIP Area
306
Density / Sq Mi
$63,588
Median Household Income
$37,307
Median Earnings
$1,033
Median Rent
$163,700
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?
Conventional restaurant - Absolute net restaurant lease with corporate backing, annual escalations, and renewal options.
Where is this conventional restaurant located?
The property is located at 1717 North 16th St Orange, TX.
What are key features of this property?
This property features: 4,396‑square‑foot restaurant building on 0.99 acres; Absolute net lease with no landlord responsibilities; Corporate backing from Mexican Restaurants, Inc., operator and franchiser of 57 Mexican restaurants
