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Property profile & analytics
FOR SALE
Drive through restaurants

730 S Columbia Dr West Columbia, TX 77486

1,781 SF 0.92 ac lot Built 2009
Entity Owned 1-yr Hold Free & Clear
Property ID
US82-3385970
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2009
Total area 1,781 SF
Lot 0.92 ac (39,980 SF)
APN 6292-0100-150
UPID US82-3385970
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sonic Drive-In Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Emergel Properties LLC · 1 yrs held
Emergel Properties LLC
since 2024
6 recorded transactions
2024
Price N/A
2020
Price N/A
2008
Price N/A
2006
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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