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3486 Discovery Creek Blvd
Spring, TX 77386
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 6.25% CAP | 6,198 SqFt <ul><li>New 20-Year Absolute NNN Lease Commencing at Close of Escrow w/ Zero Landlord Responsibilities</li></ul><p></p><ul><li>Extremely Low Rent-to-Sales Ratio and Strong Approximate 2.50x EBITDAR Coverage Ratio</li></ul><p></p><ul><li>2% Annual Rent Increases Plus Four (4) Five-Year Renewal Options for Up to 20 Additional Years</li></ul><p></p><ul><li>Newer High-Quality 2020 Construction, ±6,198 SF Building Plus ±1,620 SF Patio on ±0.95 Acres</li></ul><p></p><ul><li>Located in the Affluen
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
