Chickfila Rare 3Lane Drivethru — Sale in Houston, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Houston, TX 77007
Investment Figures
- Cap rate
- 4.50%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
--Prime Retail Location -A True Trophy-Level Property Located Only 2 Miles from Downtown Houston -Located One Block Away from Walmart and H-E-B -Located on Main Retail Corridor in Close Proximity to Several Major Retailers such as Target, Sprouts, The Home Depot, Kroger, PetSmart and Many More -Affluent Area with the Average Household Income Exceeding $151,000 Within 1 Mile -Extremely High Density with Over 204,000 Residents Within 3 Miles -High Employment Area with a Daytime Population Exceeding 1,000,000 Within 5 Miles --Strong Corporate Guarantee -Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market -Chick-fil-A Annual Sales Revenue in 2024 was $22.7 Billion -Chick-fil-A is Ranked as the #1 Performing Chicken Restaurant in the Country -Scheduled 10% Rental Increases Throughout the Initial Term Provide for an Excellent Hedge Against Inflation Investment Highlights: • Brand New Prototype Chick-fil-A with Rare 3-Lane Drive-Thru • Brand New Construction, 15-Year Ground Lease • Located on the Corner of Two Signalized Intersections and Surrounded by Three Streets
Market Context
This retail in Houston, TX is listed for sale. It is offered at an approximate 4.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Houston, TX — view the full market.
As of Q1 2026, the Houston retail market showed average asking rents near $21.28/SF/yr, and cap rates around 7.7%. Source: multiple brokerage reports, Q1 2026.
Its 4.5% asking cap rate is below the Houston retail market average of about 7.7%, reflecting premium pricing relative to comparable assets.
Retail market FAQ
- What is the typical cap rate for retail in Houston?
- About 7.7% as of Q1 2026, per multiple brokerage reports.
Contact
- Craig Elster · (949) 419-3223 · craig.elster@marcusmillichap.com
- Ron Duong · (949) 350-5431 · ron.duong@marcusmillichap.com
- Tim Speck · (972) 755-5200
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