Descripción

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the single-tenant J. Alexander's located at 17422 Fiesta Texas Drive, San Antonio, Texas (the "Property" or "Asset"). J. Alexander's is operating on an absolute NNN ground lease with ±9.6 years of primary lease term remaining, various rent escalations and three, five-year options.

This offering presents investors with a rare opportunity to acquire a long-term ground lease from a well-known restaurant brand in a heavily trafficked commercial corridor.

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Atributos

Precio de venta

3.572.000 €

Tasa de capitalización

6,25 %

NOI

224.000 €

Plazo restante del arrendamiento

9.6 años

Superficie neta construida

762 m²

Año de construcción

2020

Superficie bruta del terreno

0,75 ha

Media

Aspectos destacados de la inversión

J.Alexander's Fine Dining Restaurant operating under SPB Hospitality with 40+ locations
Absolute NNN Ground Lease with zero Landlord responsibilities
±9.6 Years of primary lease term remaining
Adjacent to The Rim, the #1 most visited shopping center in TX with 8.7M visits annually
$135K average household income within a 5-mile radius
Adjacent to Six Flags Fiesta Texas, the #1 most visited theme park in TX
307% Population growth since 2010 within a 1-mile radius
Frontage along I-10 with accessibility to 150,000+ VPD