Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
1509 West Fairmont Parkway
La Porte, TX 77571
Asking Price
$1.84M
Cap Rate
5.75%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
High-Traffic Location Near the Port of Houston <ul><li>±8-Years Remaining on Absolute NNN Lease With Zero Landlord Responsibilities</li><li>10% Rent Increases Every 5 Years Plus Percentage Rent | Percentage Rent Kicks In at 8% of Sales Over Breakpoint if Annual Sales Exceed Prior Year by Greater Than 5%</li><li>±2,123 SF Popeyes With Drive-Thru on ±0.71 Acres | Strong Visibility Along Fairmont Pkwy</li><li>Dense Retail Corridor Near Port of Houston With Surrounding Tenants Including Kroger, Wingstop, Jersey Mike’s, and Hampton Inn</li><l
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
4.36%
DSCR
0.73
Underwater
Cash-on-Cash
-5.27%
Monthly Payment
$9,088.261
Annual Cash Flow
$-29,059.131
