Jason's Deli - Cinco Ranch_Propiedad en venta

7114 South Fry Road, Katy, TX, 77494, US

Jason's Deli - Cinco Ranch

Descripción

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the newly constructed Jason’s Deli located at 7114 S Fry Rd in Houston, TX. (“Property” or “Asset”). Jason’s Deli is soon to begin operations on an absolute NNN ground lease with 20.0 years of primary lease term remaining, 10.0% rent escalations every 5-years, four, 5-year renewal options and zero landlord responsibilities. The Asset is currently under construction with an estimated completion date of July 2025. The Property also benefits from a low in-place rent of $84K.

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Atributos

Precio de venta

1.250.000 €

Tasa de capitalización

5,75 %

NOI

72.000 €

WAULT

20 años

Superficie neta construida

439 m²

Año de construcción

2025

Superficie bruta del terreno

0,41 ha

Media

Aspectos destacados de la inversión

Recently Completed New Concept Jason’s Deli
20 Years of Primary Lease Term Remaining with 10% Rent Escalation Every 5 Years
Absolute NNN, Corporate Lease with Zero Management Responsibility
Pad Site to Larger Grand Parkway Shopping Center within a Dense Commercial Corridor
Low $84K Ground Rent
Houston Ranked Third for US High-Income Job Growth
Average Household Income Exceeds $212,000 within a 1-Mile Radius