1818 Fry RdHouston, TX 77084

This exceptional investment opportunity presents a fee-simple ownership of a 2,501 square foot Pollo Campero restaurant in Houston, Texas. Located at 1818 Fry Rd, this property boasts a prime location in a high-traffic area with over 44,000 vehicles passing daily. The property benefits from a 20-year absolute NNN ground lease with a corporate guarantee from Pollo Campero, the largest Latin American chicken restaurant chain globally, with over 350 locations worldwide and 75+ in the United States. The lease commenced June 24, 2018, and has approximately 13.6 years remaining, with two lease options. Rent increases of 10% are built into the lease every five years. The property features a single-story building constructed in 2018, situated on a 0.69-acre lot. The current Net Operating Income (NOI) is $165,000, resulting in a 5.56% cap rate and a price per square foot of $1,185.53. The property is situated in a thriving retail corridor alongside national retailers such as Target, Walmart, H-E-B, and more, benefiting from a strong daytime employment base and exceptionally low unemployment rates in the rapidly growing Katy area. This investment offers significant long-term value and stability due to its strong tenant, favorable lease terms, and prime location within the Houston MSA. The property's proximity to I-10 further enhances its accessibility and visibility. The high household income within a 5-mile radius ($105,000+) underscores the robust market demand. This is a truly exceptional opportunity for a savvy investor seeking a secure, high-return investment.