Marcus & Millichap Sells Chick-fil-A At 3800 Washington Avenue Houston For $9.49M
3800 Washington Avenue
$9,489,795
$3,514/SF
Building Size
2,700 SF
Asset Type
Retail
Closing
Sep 25, 2026
About this deal
AI
The property asset involved in the transaction is a retail space located at 3800 Washington Avenue in Houston. The transaction price was $9,489,795 for a total square footage of 2,700. The price per square foot is calculated at $3,514.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,489,795
- Address: 3800 Washington Avenue
- Market: Houston
- Square Footage: 2,700
- Price Per Square Foot: $3,514
- Notable Mention: Third highest priced Chick-fil-A transaction ever in the country and the highest ever in Texas.
The deal was brokered by Ricardo Esteves and Craig Elster, who represent Marcus & Millichap in this transaction. They facilitated the deal, contributing to the successful closing on September 25, 2026.
On the Map
$9,489,795
$3,514/SF
Retail
View full map
Players
Houston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Ricardo Esteves to view all their deals.
Browse Houston retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93