20180 Eva St Montgomery, TX 77356
This exceptional investment opportunity presents a 4,012 square foot Burger King located at 20180 Eva St, Montgomery, TX 77356. Situated on a 1.01-acre lot in a thriving retail center anchored by Kroger and Home Depot, this property benefits from high visibility on Highway 105 W, boasting 20,750 vehicles per day. The property is part of a robust retail hub including national brands like Walmart, Starbucks, Chick-fil-A, and more. Its proximity to Lake Conroe and KOA Holiday further enhances its appeal. The property features a brand new 20-year NNN lease with Kolhorst Foods, LLC (operator of 12 Burger King locations), commencing upon escrow closing. The lease includes a 5.26% cap rate and attractive 2% annual rent bumps, extending into four 5-year renewal options, potentially totaling a 40-year lease term. Built in 2017, this 100% occupied property generates a net operating income (NOI) of $150,000. The asking price is $2,850,000. Montgomery, TX is experiencing rapid growth, with a nearly 10% annual population increase within a one-mile radius and an average household income of $178,771, making this a compelling investment in a high-demand location. This is a hands-off investment with no landlord responsibilities.
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Burger King Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.