309 S Mason Road Katy, TX 77450
- Added:
- Jan 29, 2025
- Days on Market:
- 442
- Last Refresh:
- Mar 16 at 9:06 am
Property Features for 309 S Mason Road
General Information
- Standard status
- Active
- Property type
- Restaurants, Other retail properties, Individual retail properties, Retail properties & Spaces
- Size
- 3,076 SF
- Elevators
- N/A
- Lot size
- 0.56 Acres
- Net Operating Income
- $96,800
Building Details
- Year Built
- 2014
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing agent Ed (619) 546-0121
Listing office (619) 546-0121
Listing date Jan 29, 2025
Overview
El Pollo Loco Investment Opportunity
This property features a 3,076 square foot El Pollo Loco restaurant situated on a 0.56-acre lot in Katy, Texas. The location benefits from high traffic at a signalized intersection near the Interstate 10 on/off ramp. Traffic counts are substantial, with 45,849 on Mason Road, 219,280 on Interstate 10, and 103,731 on Highway 99. The trade area is densely populated with 295,953 people and 98,592 households within a 5-mile radius. The average household income is $140,850, with a 26% annual growth rate from 2020-2023. The property is located in a high-occupancy shopping center alongside national tenants such as 99 Cents Only Store and Harbor Freight Tools, and is directly across from a grocery-anchored center including Fiesta Mart and Dollar Tree. Numerous national chains are within a one-block radius. The property is also near several car dealerships and the GEICO corporate office. The property has an absolute NNN ground lease with over 10 years remaining, offering passive income and 10% rent increases every 5 years. The tenant, El Pollo Loco Inc., is a publicly traded company. The property's net operating income is $96,800.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail properties & Spaces
Similar Places Nearby
- Savory Small Chops — 21734 Provincial Blvd, Katy, TX 77450
- Maraine Delice LLC — 164 Applewhite Dr, Katy, TX 77450
- Lemon Twist Bartending Services — 21414 Julie Marie Ln, Katy, TX 77449
- El Sonorense y La Texana — 22207 Elsinore Dr, Katy, TX 77450
Location Insight
- Map
- Local Demand
- City
- Katy
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.75
- Latitude
- 29.7619
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - El Pollo Loco Corporate GL
Where is this restaurant located?
The property is located at 309 S Mason Road Katy, TX.
What is the asking price?
The asking price for this property is $1,936,000.
What are key features of this property?
This property features: ATTRACTIVE LONG TERM CORPORATE ABSOLUTE NNN GROUND LEASE; Over 10 years remaining on the absolute NNN lease providing any investor long term passive NNN income; Completely passive NNN investment – ZERO landlord responsibilities
