Kingwood, TX 77339

Cracker Barrel Ground Lease

Property Address

24400 Eastex Freeway, Kingwood, TX, USA

Offering Summary

  • Price: $2,473,000
  • Lot Size: 1.77 Acres
  • Cap Rate: 5.0%
  • Year Built: 2010
  • Building SF: 10,000
  • Status: Available
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  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease
  • 10% Rental Increases Every 5 Years
  • 116,067 Residents within a 5-Mile Radius - Houston MSA
  • Households Projected to Increase 20%+ within a 1-Mile Radius by 2024
  • Excellent Visibility Along Eastex Freeway (Interstate 69) - 155,585+ Cars/Day
  • Kingwood is the Second-Largest Master-Planned Community in the Houston-The Woodlands-Sugar Lands MSA
  • Average Household Income Exceeds $108,000 within a 5-Mile Radius
  • Strong Daytime Population - 113,673 Employees in Surrounding Area

Broker Information