Freestanding QSR
2601 S Bypass 35 Alvin, TX 77511
New
For Sale
Contact for pricing
Pending
Fee simple interest offered in a seven-property portfolio leased to Z&H Holdings as Popeyes under an absolute NNN structure.
Days on Market4
Property Features for 2601 S Bypass 35
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing Agency:
Northmarq
(980) 895-3178
Listed By:
Amar Goli · License #01883944
Source:
Crexi
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 22 at 6:34PM
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
Investment Insights
Based on property information with market context.
CBRE presents a fee simple purchase opportunity for a portfolio of seven free-standing restaurant properties located in the Houston MSA (the “Portfolio”). Each facility is leased to Z&H Holdings, Inc., operating as Popeyes Louisiana Kitchen, Inc. (“Popeyes”).
Upon closing, the Portfolio sites are planned to operate under a brand new, twenty (20) year absolute NNN sale leaseback with six (6), five-year options to extend. The transaction description also notes competitive rent-to-sales ratios and a low rent-to-sales profile intended to provide an investor basis for stable, long-term cash flow. Z&H Holdings is described as a Popeyes operator with additional Burger King units and is identified as the operating company providing a guarantee associated with the leaseback.
One example address in the Portfolio is 2601 S. Bypass 35, Alvin, TX 77511.
Upon closing, the Portfolio sites are planned to operate under a brand new, twenty (20) year absolute NNN sale leaseback with six (6), five-year options to extend. The transaction description also notes competitive rent-to-sales ratios and a low rent-to-sales profile intended to provide an investor basis for stable, long-term cash flow. Z&H Holdings is described as a Popeyes operator with additional Burger King units and is identified as the operating company providing a guarantee associated with the leaseback.
One example address in the Portfolio is 2601 S. Bypass 35, Alvin, TX 77511.
Key Highlights
- Seven‑property Houston MSA portfolio offered as fee simple interest, leased to Z&H Holdings, Inc. operating Popeyes
- Each property will be under a brand new 20‑year absolute NNN sale leaseback at closing
- Lease includes six (6) additional 5‑year options to extend
Property Analytics
Location Intelligence
Current Use by Public Records
Popeyes Louisiana Kitchen
Restaurant
Popeyes
Restaurant
popeyes louisiana kitchen, ...
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Fee simple interest offered in a seven-property portfolio leased to Z&H Holdings as Popeyes under an absolute NNN structure.
Where is this conventional restaurant located?
The property is located at 2601 S Bypass 35 Alvin, TX.
What are key features of this property?
This property features: Seven‑property Houston MSA portfolio offered as fee simple interest, leased to Z&H Holdings, Inc. operating Popeyes; Each property will be under a brand new 20‑year absolute NNN sale leaseback at closing; Lease includes six (6) additional 5‑year options to extend
