309 S. Mason RoadKaty (Houston MSA), TX 77450

This exceptional investment opportunity presents a 3,076 square foot El Pollo Loco restaurant on a 0.56-acre lot in Katy, Texas (Houston MSA), located at 309 S. Mason Road, zip code 77450. The property benefits from a high-traffic location at a signalized intersection near the Interstate 10 on/off ramp, ensuring excellent visibility. Daily traffic counts are substantial: Mason Road (45,849), Interstate 10 (219,280), and Highway 99 (103,731). The densely populated trade area boasts 295,953 people and 98,592 households within a 5-mile radius, with an average household income of $140,850 and a 26% annual growth rate (2020-2023). The property is situated in a high-occupancy shopping center alongside national tenants such as 99 Cents Only Store, Harbor Freight Tools, and others, and is directly across from a grocery-anchored center including Fiesta Mart and Dollar Tree. Numerous national chains are within a one-block radius. The property is also near several car dealerships and the GEICO corporate office. This is an absolute NNN ground lease with over 10 years remaining, offering passive income and attractive 10% rent increases every 5 years. The tenant, El Pollo Loco Inc., is a publicly traded company with significant revenue and numerous locations, making this a resilient, low-risk investment. The low ground rent provides additional security, and the investor inherits the building and improvements upon lease expiration. The property's net operating income is $96,800, and the asking price is $1,936,000.