Search
Raising Cane's NNN Ground Lease
For Sale
Contact for pricing
Pending

3945 Little York Rd, Houston, TX 77093

Absolute NNN structure, a double drive-thru, and prominent Little York Road exposure support this operating restaurant property.

Property Size3,200 SF
Days on Market142

Property Features for 3945 Little York Rd

General Information

Standard status Pending
Size 3,200 SF
Property subtype Retail
Occupancy 100%

Site & Location

Drive-Thru Yes
Traffic Count 23,800 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: Cushman & Wakefield - San Diego, California
Listed By: Brandon Price · License #CA 01822998
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:18PM

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 Cushman & Wakefield - San Diego, California

Investment Insights

Based on property information with market context.

This 3,200-square-foot Raising Cane’s property is subject to a ground lease that began in March 2021. The initial term runs for 15 years, with approximately 14 years remaining, followed by four 5-year renewal options. Contractual rent increases occur at 10% every 5 years, with the next adjustment scheduled for March 2026. The absolute NNN structure assigns zero landlord responsibilities.

The restaurant occupies a high-exposure position on Little York Road immediately east of Interstate 69. Reported daily traffic exceeds 212,000 vehicles on Interstate 69 and 23,800 on Little York Road. A double drive-thru supports the site’s operating format. The property is within a retail concentration totaling more than 470,000 square feet within a half-mile radius and is across from Northeast Marketplace, a 193,000-square-foot center anchored by Home Depot, Ross, and 99 Cents Only. The surrounding area includes Walgreens, Sally Beauty, Bank of America, McDonald’s, Chipotle, and dd’s Discounts.

Key Highlights

  • 3,200‑square‑foot Raising Cane’s property in Houston, Texas
  • 15‑year ground lease commenced in March of 2021; approximately 14 years remain
  • Four 5‑year renewal options with 10% rent increases every 5 years

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Restaurant 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.

Lease Details

23,800 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

472
Businesses Nearby

Demographics for 77093, TX

47,736
Population
14,671
Households
3.3
Avg Household Size
31
Median Age
5%
College-Educated
51%
High-School Grad
12.0 sq mi
ZIP Area
3,978
Density / Sq Mi
$41,958
Median Household Income
$28,493
Median Earnings
$1,102
Median Rent
$122,400
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN structure, a double drive-thru, and prominent Little York Road exposure support this operating restaurant property.
Where is this nnn property located?
The property is located at 3945 Little York Rd Houston, TX.
What are key features of this property?
This property features: 3,200‑square‑foot Raising Cane’s property in Houston, Texas; 15‑year ground lease commenced in March of 2021; approximately 14 years remain; Four 5‑year renewal options with 10% rent increases every 5 years
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message