Retail Space
12714 West Lake Houston Parkway Houston, TX 77044

Details & Description

Price: $2,500,000

The 15-year lease, signed in 2020, has 14 years remaining and three 5-year options to renew. The tenant, Texas Taco Cabana, L.P., is a wholly owned subsidiary of publicly traded Fiesta Restaurant Group Inc.Located off of Beltway 8 in suburban Houston, the third-fastest growing county in the U.S., the subject is positioned at the entrance to The Home Depot and HEB Supermarket anchored shopping center. The property benefits from its retail location at the entrance to Summerwood, an affordable luxury residential community in northeast Houston. The drive-thru pad is situated adjacent to Chase Bank and a multi-tenant strip center.

Property ID: 259597
Property URL: melqr.com/259597
Generated: 04-30-24

Listing Agents

Rick Sanner

O: 415-274-2709
rsanner@cppcre.com

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Retail Space / Texas / Houston / 77044 / 12714 West Lake Houston Parkway

12714 West Lake Houston Parkway

Houston, TX 77044

Listing ID: 259597

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Building Size: 34,238 SF

Lot Size: 1.000 AC

Land Size: 43,560 SF

Building $/SF: $73.02

Land $/SF: $57.39

Price

$2,500,000

Description

The 15-year lease, signed in 2020, has 14 years remaining and three 5-year options to renew. The tenant, Texas Taco Cabana, L.P., is a wholly owned subsidiary of publicly traded Fiesta Restaurant Group Inc.
Located off of Beltway 8 in suburban Houston, the third-fastest growing county in the U.S., the subject is positioned at the entrance to The Home Depot and HEB Supermarket anchored shopping center. The property benefits from its retail location at the entrance to Summerwood, an affordable luxury residential community in northeast Houston. The drive-thru pad is situated adjacent to Chase Bank and a multi-tenant strip center.

Attachments & Files

taco-cabana-houstontx-LV7-0nG.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Houston History of Retail Space for Sale

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Listing Demographics for 12714 West Lake Houston Parkway Houston, TX 77044

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		4,112	49,400	138,869
Population Median Age		32	32	32
Population by Age	0-9 Yrs	795 (19%)	8940 (18%)	24714 (17%)
	10-19 Yrs	586 (14%)	6922 (14%)	21196 (15%)
	20-29 Yrs	558 (13%)	6668 (13%)	19034 (13%)
	30-39 Yrs	651 (15%)	8834 (17%)	23950 (17%)
	40-49 Yrs	622 (15%)	7136 (14%)	19644 (14%)
	50-59 Yrs	526 (12%)	6092 (12%)	15598 (11%)
	60-69 Yrs	253 (6%)	3291 (6%)	10068 (7%)
	70+ Yrs	122 (2%)	1515 (3%)	4666 (3%)

Median HH Income		$114,424	$106,710	$89,534
Total Household Income	< 24K	109 (8%)	1221 (7%)	4246 (10%)
	25-49K	154 (12%)	1806 (11%)	6067 (14%)
	50-74K	131 (10%)	2440 (15%)	7584 (17%)
	75-99K	139 (10%)	1751 (11%)	5704 (13%)
	100-199K	512 (40%)	5782 (37%)	14073 (33%)
	200K+	220 (17%)	2538 (16%)	4754 (11%)

Highest Education Level	No Diploma	150	1971	9283
	Diploma or GED	490	6391	19531
	Some College	568	6863	20113
	Assoc. Degree	238	2635	7225
	Bachelors Degree	736	8769	19705
	Higher Degree	345	4468	9279

Total Housing Units		1,370	16,538	44,857
--Owner-Occupied		1,043	12,051	31,661
--Renter-Occupied		221	3,488	10,766
Owner-Occupied Values	< 100K	123	1032	4237
	100-199K	132	2211	11011
	200-299K	414	4720	9269
	300-399K	224	2565	4534
	400-499K	99	824	1357
	500K+	51	698	1253

Total Working Age Population		2,921	35,934	100,263
In Work Force		2,202	26,137	70,248
Not In Work Force		719	9,797	30,015
Workforce Employed		2,079	24,927	66,924
Workforce Unemployed		123	1,193	3,259
Civlian Workforce		2,202	26,120	70,183
Military Workforce		0	17	65

Total Households		1,264	15,538	42,427
Family Households		1,044	12,123	33,438
Non-Family Households		220	3,416	8,990
Married Couple		797	9,486	24,685
Other Family		247	2,636	8,753
Married w/Child		460	5,310	13,907
Single Male w/Child		35	375	1,147
Single Female w/Child		99	1,070	3,834

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Texas	20,851,820	+21	25,145,561	+18	29,677,668	+18	34,894,452
Harris County	3,400,578	+20	4,092,459	+22	4,978,845	+19	5,924,750
Liberty County	70,154	+8	75,643	+13	85,284	+12	95,433

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 12714 West Lake Houston Parkway in Houston?

The asking price for 12714 West Lake Houston Parkway is $2,500,000

What is the building size of this Retail property in Houston, TX?

The size of the building/unit at 12714 West Lake Houston Parkway in Houston is 34,238 square feet

How much land does the Houston, TX property at 12714 West Lake Houston Parkway include?

12714 West Lake Houston Parkway in Houston includes 1.000 acres of land

What kind of Retail is the propery at 12714 West Lake Houston Parkway?

The property at 12714 West Lake Houston Parkway Houston, TX 77044 is listed as a Food Service Retail property

What is the population within 1 mile of 12714 West Lake Houston Parkway in Houston?

The population within 1 mile of 12714 West Lake Houston Parkway Houston, TX 77044 is 4,112 people.

Who do I contact for questions about 12714 West Lake Houston Parkway?

You should contact the listing agent, Rick Sanner , for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
George Bush Intercontinental Houston Airport (IAH)	10
William P Hobby Airport (HOU)	20
Austin Bergstrom International Airport (AUS)	149