206 Marina Bay Dr, Kemah TX 77565

Marcus and Millichap is pleased to present an investment opportunity: a single-tenant net leased Subway located at 206 Marina Bay Drive in Kemah, Texas, boasting daily traffic count of approximately 21,000 vehicles. Situated in Kemah, a submarket within the Houston Metropolitan Statistical Area, this property offers a secure NNN (Triple-Net Lease), with just under two-years remaining on the lease and two additional three-year options.

Positioned along Marina Bay Drive, this property enjoys high visibility, directly across from major retail giants like Target, Home Depot, Chic-fil-A, and various other corporate retailers. Its strategic location, mere minutes from Lavace Stewart Elementary and Highway 146, which witnesses approximately 37,000 vehicles passing daily, makes it an attractive investment prospect.

Highway 146 serves as a vital conduit to the boardwalk and provides direct access to Galveston Bay, enhancing the property’s allure. Furthermore, it’s noteworthy that the current franchisee, operating under this lease, manages an impressive portfolio of over 100 restaurants in the Houston market, underscoring their stability.