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Southwest Partners presents prime restaurant location on US HWY 290 westbound from Houston to Austin. Located on outparcel of Best Western. Restaurant is perfectly positioned by new 290 exit. $3K month 5% BBC *.
Bring a dishwasher and you are in business. 47 mi. to College Station, 58 mi. to NW Houston at 290 and the Beltway, 59 mi. to Bastrop (west Austin).
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CONTACT INFORMATION
Call Diane Alexander on her cell at 01.713.591.9902, at her office at 01.979.421.9996 or email her to set up an appointment, request additional information or answer any questions.
HIGHLIGHTS
(1) Turn-key 1,836 SF free-standing restaurant with all furnishings (dishwasher was removed, equipment, soft goods used by prior operator
(2) $3,000 monthly plus utilities first ...
(2) $3,000 monthly plus utilities first year, $9,000 at lease execution, minimum 3 and maximum 5-year lease 5% BBC*
(3) Outparcel of newly renovated Best Western Motel location, prime location at the new exit for US 290 to Brenham with 29,000 traffic count
(4) Preliminary CCIM based research confirms need to operate on evenings and weekend, with clearly defined preferences for theme
(5) In Brenham, Washington County, Texas, $1B+ economy, low unemployment, great schools, outstanding quality of life
(6) In the #1 USA regional economy, the Houston DMA, adjacent to two other top performing regional economies, the Austin DMA and College Station-Waco CBSA
LEASE TERMS
(7) Monthly payments plus utilities
Year 1: $3,000
Year 2: $3,150
Year 3: $3,308
Year 4: $3,473
Year 5: $3,647
(8) $9,000 due at lease execution (first, last and $3,000 deposit)
(9) Term: 3 to 5 years
PROPERTY
(10) Building: 1,836 SF per WCAD
(11) Year built: 1997
(12) Structure: Brick veneer with Hardiplank, slab foundation, composition roof
(13) Condition: Very good
(14) Parking: Shared with Best Western
(15) Contents: All restaurant contents
(16) Soft goods: All on site at time of lease used by prior operator
(17) Signage: Existing signage "Restaurant" and "Red Room" included
(18) In City Limits: Yes
(19) Schools: Brenham ISD
(20) Zoning: B-2
(21) Legal: Part of PIDN R49426, Property ID 0156-000-07100: A0156 LONG, JOHN, TRACT 71, ACRES 1.9716
RESTAURANT MARKET OPPORTUNITIES
(22) Methodology: The CCIM Market Potential Index ("MPI") compares local adult purchasing patterns to the US. Data collected by GfK MRI in a nationally representative survey of U.S. households and applied to ESRI forecasts for 2010 and 2015.
(23) Summary of Washington County local adult resident potential. Does NOT include transient 290 traffic
(a) Greatest demand: Weekends and dinner
(b) Most appealing formats: Ryan's, Bob Evans Farm, Cracker Barrel, Perkins, Golden Corral and Applebee's
CCIM REPORTS AND LISTING ANALYSIS
(24) CCIM reports: 2,138 underlying CCIM reports available on request
(25) CBC Southwest packs: 11 packs available on selected websites and on request
(26) Defined and published source data: Unless noted all data from Certified Commercial Investment Member (CCIM) Institute
DISCLOSURES & COPYRIGHTS
Southwest Partners is an affiliate of Alexander Tiffany Southwest, LLC. Analysis is preliminary, based on proprietary systems and models, is time sensitive and based on assumptions-stated and unstated. Graphics are only renderings. Measurements are only estimates. No warranties are expressed or implied. All content is protected by copyright laws, is only for prospects or legal representatives, and should not replace buyers own due diligence and analysis. Any other use is prohibited.