730 Columbia Dr West Columbia, TX 77486-3030

Property Details for 730 Columbia Dr

Year built

2009

Lot size

0.92 lot acres

Property size

1,781 SF

Property type

Drive through restaurants

APN

6292-0100-150

APU

62920100150

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.

Location Insight

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

Property Tax & Assessments