3356 Scott St, Houston, TX 77004-3611

This exceptional investment opportunity presents a fee-simple ownership of a 2,128-square-foot, Class A Taco Bell restaurant in Houston, Texas. Located at 3356 Scott St, Houston, TX 77004, this single-tenant property boasts a strong 5.85% cap rate and a substantial net operating income (NOI) of $82,280. The property sits on a 0.62-acre lot and benefits from a 20-year net lease, commencing April 24, 2013, and expiring April 24, 2033, with four 5-year renewal options. The lease includes 10% rental rate increases every five years, ensuring consistent income growth. The tenant, Taco Bell, is responsible for all property taxes, insurance, and capital expenditures, providing a truly passive investment experience. Built in 2013, this strategically located property is situated across from the University of Houston campus and just over a mile from Texas Southern University, benefiting from a high-traffic area and a large consumer base. The 5-mile population is 466,151, with a projected 4.01% growth, and the average household income within a 3-mile radius is $81,437. The property's permitted zoning is commercial. This is an ideal opportunity for investors seeking a low-management, high-return investment with significant long-term potential. The asking price is $1,406,495, representing a price per square foot of $660.95. The property is currently 100% occupied, with the occupancy date being April 25, 2013.