Freestanding Restaurant
For Sale
Contact for pricing
2912 Houston Hwy, Victoria, TX 77901
Free-standing restaurant leased to Popeyes under a new 20-year absolute NNN sale leaseback with extension options.
Property SizeContact for details
Days on Market122
Property Features for 2912 Houston Hwy
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Northmarq
(980) 895-3178
Listed By:
Amar Goli · License #01883944
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 12:25AM
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.
The offering is a fee simple purchase of a free-standing commercial restaurant property located at 2912 Houston Highway in Victoria, Texas. The facility is currently leased to CSM Group, Inc., operating as Popeyes Louisiana Kitchen, Inc. (Popeyes).
Following closing, the property is scheduled to operate under a brand new 20-year absolute NNN sale leaseback structure with six (6) five-year options to extend. The property is projected to generate a Year 1 NOI of $115,000.
CSM Group is a Houston-based management company that operates more than 20 Popeyes Louisiana Kitchen units across the Midwest region.
Following closing, the property is scheduled to operate under a brand new 20-year absolute NNN sale leaseback structure with six (6) five-year options to extend. The property is projected to generate a Year 1 NOI of $115,000.
CSM Group is a Houston-based management company that operates more than 20 Popeyes Louisiana Kitchen units across the Midwest region.
Key Highlights
- Free‑standing restaurant at 2912 Houston Highway, Victoria, TX, leased to CSM Group, Inc. operating Popeyes Louisiana Kitchen, Inc.
- Projected Year 1 NOI of $115,000.
- Brand new 20‑year absolute NNN sale leaseback in place upon close.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Apparel 36%
Electronics 9%
Home Improvements & Furnishings 7%
SUBWAY
Dining
8,641 visits/mo
0.2 miles
Goodwill
Apparel
6,533 visits/mo
0.4 miles
T-Mobile
Electronics
1,692 visits/mo
0.4 miles
Home Outlet
Home Improvements & Furnishings
1,225 visits/mo
0.2 miles
Demographics for 77901, TX
40,062
Population
17,438
Households
2.3
Avg Household Size
35
Median Age
15%
College-Educated
76%
High-School Grad
18.1 sq mi
ZIP Area
2,213
Density / Sq Mi
$57,728
Median Household Income
$33,127
Median Earnings
$1,105
Median Rent
$133,900
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 - Free-standing restaurant leased to Popeyes under a new 20-year absolute NNN sale leaseback with extension options.
Where is this conventional restaurant located?
The property is located at 2912 Houston Hwy Victoria, TX.
What are key features of this property?
This property features: Free‑standing restaurant at 2912 Houston Highway, Victoria, TX, leased to CSM Group, Inc. operating Popeyes Louisiana Kitchen, Inc.; Projected Year 1 NOI of $115,000.; Brand new 20‑year absolute NNN sale leaseback in place upon close.
