17381 Tomball Pkwy Houston, TX 77064

This exceptional investment opportunity presents a 7,684 square foot, Class A restaurant property located at 17381 Tomball Pkwy, Houston, TX 77064. The property, built in 2009 and renovated in 2023, sits on a 18,382 square foot lot and features a single-story building. Currently operating under an absolute NNN lease with a credit-rated tenant backed by a corporate guarantee, the lease boasts a remaining term of eight years with a ten-year initial term and a 2% annual rental increase. The property generates a substantial net operating income (NOI) of $286,529, resulting in an attractive 6.90% cap rate. The asking price is $4,150,000. The tenant, recognized among Houston's top alcohol-selling restaurants, ensures a stable and reliable income stream. The property benefits from a prime location in Willow Brook Plaza, offering high visibility and accessibility. New roof and AC systems further enhance the property's value and operational efficiency. This turnkey restaurant presents a compelling investment opportunity with immediate returns and long-term growth potential in a thriving Houston market. The property offers minimal landlord responsibilities, providing investors with a low-maintenance, high-yield investment.