Black Bear Diner - Laredo, TX

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the new construction Black Bear Diner located at 2704 Bob Bullock Loop in Laredo, Texas (“Property” or “Asset”). Black Bear Diner is operating on a corporate absolute NNN lease with ±8.9 years of primary lease term remaining, 10% rent escalations every 5 years and four, five-year renewal options. This Black Bear Diner location generates strong sales of $2.98 million with a 7.71% health ratio, performing above brand average, and is the only location in Laredo.