307 S Fry Rd Katy, TX 77450
Single-tenant Wendy's in Katy, TX with long-term lease.
Property size:
3,002 SFLot size:
0.98 AcresProperty Features for 307 S Fry Rd
General Information
- Standard status
- Active
- Size
- 3,002 SF
- Lot size
- 0.98 Acres
Building Details
- Year built
- 1994
Source:
Crexi
Listing Agency: Northmarq - Portland Listing Agent: Matt Lipson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Katy, TX Wendy's Restaurant
This single-tenant Wendy's property is located at 307 South Fry Road, Katy, TX 77450. The property encompasses 3,002 square feet and is scheduled for a complete remodel to meet the latest store design standards. The tenant has recently exercised a new 10-year extension on the absolute NNN lease, which stipulates zero landlord responsibilities. The lease agreement includes 7.5% rental increases every 5 years. The lease is signed by HAZA Foods, LLC, identified as the largest franchisee within the Wendy’s system. HAZA Foods began operations in 2013 and has expanded to include over 420 stores across Texas, Louisiana, Minnesota, New York, and Ohio. The property is situated in Katy, TX, a suburb of Houston, with average household incomes of $139,000 within a 1-mile radius. Katy is recognized for its schools and is considered one of the best areas to live in the country. The population of Katy has grown more than 23% since 2020. The property is located within 3 miles of three major hospitals, which have a total of 533 beds. James E. Taylor High School, with 3,188 students, and Nottingham County Elementary, with 841 students, are both less than 1.5 miles from the property.
Location Intelligence
Current Use by Public Records
Wendy's
Restaurant
Location Insight
- Map
- Local Demand
- City
- Katy
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.718946
- Latitude
- 29.780478
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FAQs
What type of property is this?
Drive through restaurant - Single-tenant Wendy's in Katy, TX with long-term lease.
Where is this drive through restaurant located?
The property is located at 307 S Fry Rd Katy, TX.
What are key features of this property?
This property features: - Absolute NNN lease with zero landlord responsibilities and a fresh 10-year extension.; - Lease signed by HAZA Foods, LLC, the largest franchisee in the Wendy’s system, operating 420+ stores.; - Enjoy 7.5% rental increases every 5 years.
