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Freestanding Drive-Through Restaurant
For Sale
Contact for pricing
Pending

18550 NW Fwy, Houston, TX 77061

Popeyes restaurant with an absolute NNN lease and signalized intersection access.

Property SizeContact for details
Days on Market130

Property Features for 18550 NW Fwy

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Jason Fefer · License #CA 02100489
Source: Crexi
Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 1:12AM

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 - Los Angeles

Investment Insights

Based on property information with market context.

This freestanding Popeyes restaurant at 18550 NW Fwy in Houston includes a drive-through and approximately 2,165 square feet of improvements on approximately 0.57 acres. The property is positioned at the signalized intersection of U.S. Highway 290 and W Little York Road, with visibility to approximately 153,790 vehicles per day.

The property is leased to CSM Group under a 10-year absolute NNN lease that began in April 2024, placing landlord responsibilities at zero. Lease economics include 10% rent increases every five years, percentage rent, and two five-year renewal options. The site is part of a retail corridor shadow-anchored by Sam’s Club, with national retailers and car dealerships nearby. The surrounding five-mile trade area includes more than 270,000 residents and over 200,000 employees.

Key Highlights

  • Approximately 2,165‑square‑foot Popeyes restaurant with drive‑through
  • Approximately 0.57‑acre site at 18550 NW Fwy, Houston, TX 77061
  • 10‑year absolute NNN lease commenced in April 2024

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Pharmacy Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

Demographics for 77061, TX

23,398
Population
9,942
Households
2.4
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
7.5 sq mi
ZIP Area
3,120
Density / Sq Mi
$44,520
Median Household Income
$32,659
Median Earnings
$973
Median Rent
$215,200
Median Home Value

Market

Vacancy Rate% for Retail in Houston, TX

6.9% 2019
8.2% 2020
7.6% 2021
6.4% 2022
6% 2023
6.6% 2024
6.6% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Popeyes restaurant with an absolute NNN lease and signalized intersection access.
Where is this drive through restaurant located?
The property is located at 18550 NW Fwy Houston, TX.
What are key features of this property?
This property features: Approximately 2,165‑square‑foot Popeyes restaurant with drive‑through; Approximately 0.57‑acre site at 18550 NW Fwy, Houston, TX 77061; 10‑year absolute NNN lease commenced in April 2024
(310) 909-5500 Call to check price and availability
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