Location

7501 Bellaire Boulevard Houston, Texas 77074


Description

DuWest Realty Investment Services has been exclusively retained to market for sale Taco Cabana in Houston, Texas. The single-tenant property is a 3,546 SF*, absolute triple-net (NNN) lease with a national credit tenant. This Taco Cabana location has been in operation since December of 2000, with just under seven years remaining on their term.

The property sits on a dynamic intersection (Bellaire Blvd and Hwy 59). In front of the property, Bellaire Blvd. sees over 48,920 vehicles per day. Hwy 59 sees over 179,124 vehicles per day. This Taco Cabana benefits from a very dense daytime population of 283,483 within 3 miles. Moreover, there is a large concentration of businesses, schools, and multifamily units within one square mile of the property.

YTC Brands acquired Taco Cabana in 2021 for $85 million. YTC Brands operates over 400 stores and is also the largest franchisor of Jack in the Box, Denny’s, TGI Friday’s & El Pollo Loco. The company’s growth plans for Taco Cabana focus on recreating the website and mobile app, using new packaging, a streamlined catering menu, mobile catering kitchen, building an improved loyalty program, and broadening its presence to over 1,000 locations over the next decade.

The acquisition of this Taco Cabana offers investors a strong 6.8 year corporate lease that is Absolute NNN, completely passive and allows depreciation of the building for tax purposes. The property is in an excellent trade area and the site is positioned to retain long-term value.

*Patio square footage is in addition to the 3,546 SF Property Size, making the total property size +/-4,366 SF. However, rent is based on only 3,546 SF.


Taco Cabana

7501 Bellaire Boulevard Houston, Texas 77074