Descripción

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the two-tenant Floor & Decor / Chair King at 5651 State Highway 121, The Colony, TX ("Property" or "Asset"). The Property is operating on a NN lease with ±5.6 years of weighted average lease term, 10% escalations every five years and three, five-year options. The offering also includes a potential ±6,707 SF QSR pad development opportunity, creating an attractive avenue for future NOI growth and site enhancement.

This offering provides the opportunity to acquire a well-located retail asset with stable income and future upside from a QSR pad development.

...

Atributos

Precio de venta

14.356.000 €

Tasa de capitalización

7 %

NOI

1.005.000 €

WALT

5.6 años

Tipo de arrendamiento

Arrendamiento neto (N/NN/NNN)

Superficie neta construida

8296 m²

Ocupación

100 %

Media

Aspectos destacados de la inversión

±5.6 Years of weighted average lease term
Located adjacent to Grandscape, a 420 acre experiential retail destination drawing 5.9M visitors annually
State Highway 121 frontage with exposure to more than 80,500 vehicles per day
$185K Average household income within a 3-mile radius
54% Population growth since 2010 within a five-mile radius
Irreplaceable positioning within DFW's premier retail and entertainment corridor
Nearby Stonebriar Centre, #3 most visited shopping center in TX with 5.5M visitors annually
Proximity to Legacy West, The Star, PGA Headquarters, and major employment centers
Floor & Decor national tenant with approximately $5.6B market capitalization
Texas' largest family-owned outdoor furniture retailer with a 75+ year operating history