Freestanding For Sale • 850 SF
A single-tenant Salad and Go on a 20-year ground lease with three, 5-year options in the greater Houston area |
The subject property features a corporate lease, double drive-thru, and separate mobile express pick-up window |
The lease features 10% rental increases every 5 years during the primary term and option periods, providing an investor with a hedge against inflation |
The subject property is well-positioned with excellent visibility from heavily trafficked Interstate 30 (63,740 VPD) |
Texas is an income tax free state |
Cap Rate: | 5.75 % |
Airport | Drive | Walk | Distance |
---|---|---|---|
George Bush Intcntl/Houston | 42 min | - | 28.4 mi |