Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to PT Realty?
PT Realty
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.
This exceptional investment opportunity presents a brand-new, 4,987 square foot Black Bear Diner located in Baytown, Texas. The property sits on a 1.117-acre lot at the northwest corner of Interstate 10 (93,000+ vehicles per day) and John Martin Road (9,200+ vehicles per day), offering unparalleled visibility and accessibility. This prime location is just 20 miles east of downtown Houston and benefits from its proximity to major retailers including Buc-ee's, Chick-fil-A, 7-Eleven, H-E-B, Academy, Marshalls, Kroger, and several car dealerships. The building was constructed in 2024 and features a 15-year absolute NNN lease with a corporate guarantee from Black Bear Diner, a well-established brand with 156 locations and plans for 14 new restaurants in 2024. The lease includes 10% rent bumps every five years and four five-year renewal options, ensuring long-term stability and growth. The property boasts a 5.75% cap rate and a strong net operating income (NOI) of $245,000. With a 100% occupancy rate and a population of 96,316 residents within a five-mile radius (projected to exceed 103,000 by 2028) and an average household income of $91,087, this investment offers significant potential for appreciation. Baytown, the fourth largest city in the Houston MSA, provides a robust and growing market for this type of establishment. The asking price is $4,260,869, representing a price per square foot of $854.40. The lease commenced on June 1, 2024, and expires on June 1, 2039, leaving a remaining term of 14.5 years.
Highlights
2024 Construction, 4,987 SF building on 1.117-acre site.
Brand new construction, 15-year absolute NNN corporate lease with 10% rent increases every 5 years, plus four 5-year renewal options.
High-traffic location at I-10 (93,000+ VPD) and John Martin Road (9,200+ VPD), 20 miles east of Downtown Houston.
Excellent visibility and access from I-10, across from Buc-ee's, adjacent to Chick-fil-A and 7-Eleven, near other major retailers.
Strong demographics: 96,316 residents within a 5-mile radius, projected to exceed 103,000 by 2028, with an average household income of $91,087.
Black Bear Diner tenant has 156 existing locations and plans for 14 new restaurants in 2024.
Property Details
for 4021 I-10 Frontage
Property type
Other retail properties, Individual retail properties
Square Feet
4,987 SF
Year Built
2024
Lot Size (sq. ft)
48,657 SF
Location Insight
City
Baytown
County
Harris
State
Texas
Latitude
29.8024993
Longitude
-94.9997152
4021 I-10 Frontage, Baytown, Texas
Nearby Similar for Sale
For SaleCall for price
Baytown Multi-Use Retail Property
High-traffic retail building, 5,600 SF on 4.92 acres.
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.