730 S Columbia Dr, West Columbia, TX 77486
- Drive through restaurants
- 1,781 SF
- 0.92 lot acres
Current Use by Public Records
- Sonic Drive-In / Restaurant / Take-out & Catering
Property Details for 730 S Columbia Dr
- Year built
- 2009
- Lot size
- 0.92 lot acres
- Property type
- Drive through restaurants
- APN
- 6292-0100-150
- APU
- 62920100150
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 3, 2024 | — | Emergel Properties LLC | Pjl Properties INC | Special Warranty Deed | — |
| May 15, 2020 | — | Pjl Properties INC | — | Deed · related | $475k · First St Bk |
| Oct 29, 2008 | — | Pjl Properties INC | West Columbia Economic Dev Cor | Grant Deed | $100k · First St Bk/sarasota |
| Apr 5, 2006 | — | Columbia Economic Dev Cor West | American Liberty Hospitality I | Warranty Deed · related | — |
| — | — | Pjl Properties INC | — | Loan Modification · related | $475k · First St Bk |
| — | — | Pjl Properties INC | — | Deed Of Trust · related | $733k · First State Bank |
Description
This exceptional investment opportunity presents a 1,781 square foot Sonic Drive-In restaurant located at 730 South Columbia Drive, West Columbia, TX 77486. The property sits on a 0.91-acre lot and boasts a strong 6.00% cap rate, generating a net operating income (NOI) of $86,537. Built in 2009, this single-tenant, absolute NNN lease with TaterToTexas Master, LLC (a franchisee) offers significant long-term stability with 14 years remaining until December 30, 2036. The lease includes a 10% rent increase every five years, ensuring consistent growth in rental income. The property benefits from its strategic location near Columbia High School, serving over 1,000 students and staff, and within a thriving community with strong demographics. The surrounding area features a high concentration of residents with an average household income of $88,787 within a 5-mile radius, and a variety of established businesses including CVS, HEB, Walgreens, and other national and local chains. The property's proximity to the Gulf of Mexico and Surfside Beach further enhances its appeal. This investment offers a compelling combination of strong tenant performance, a secure lease structure, and a desirable location, making it an ideal addition to any portfolio. The price per square foot is $809.82, and the asking price for this exceptional property is $1,442,283.
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Location Insight
- Map
- Local Demand
- City
- West Columbia
- County
- Brazoria
- State
- Texas
- Longitude
- -95.6544
- Latitude
- 29.1388
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
