Velvet Taco - Sugar Land, TX (Houston MSA)_Property for Sale
Velvet Taco - Sugar Land, TX (Houston MSA)_Property for Sale

Velvet Taco - Sugar Land, TX (Houston MSA)

2330 Highway 6, Sugar Land, TX, 77478, US

Description

Jones Lang LaSalle Americas, Inc.​ ("JLL") is pleased to offer the opportunity to acquire the Velvet Taco at 2330 Hwy 6, Sugar Land, TX 77478 ("Property" or "Asset").​ Velvet Taco is operating on an NNN lease with zero landlord responsibilities and ±10.0 years of lease term remaining.​


This offering presents investors with an exceptional opportunity to acquire an asset providing secure, long-term cash flow, backed by a leading national retailer.​

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Attributes

Asking price
€3,934,000
Cap rate
5.5%
NOI
€217,000
Remaining lease term
10 years
Year built
2025
Lease type
Net lease (N/NN/NNN)

Media

Investment Highlights

  1. ​Established tenant with 50+ stores across 8 states
  2. ​10 Years of primary lease term remaining
  3. ​Zero landlord responsibilities
  4. ​Outparcel to Market at Town Center bringing in 4.2M visitors (placer.ai)
  5. ​3.0% NNN Annual rental increases
  6. ​180% Daytime population increase within 1-mile
  7. ​$172K Average Household Income within 3-miles
  8. ​$4.0M Average Unit Volume
  9. ​Adjacent to HWY - 6, connector to I-69 with visibility to 212,000 VPD
  10. ​Owned by Leonard green and Partners, a leading private equity firm


Velvet Taco - Sugar Land, TX (Houston MSA) 4_Property for Sale
Velvet Taco - Sugar Land, TX (Houston MSA) 4_Property for Sale

Contact brokers

Velvet Taco - Sugar Land, TX (Houston MSA) (0 Properties)

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Last updated
Jun 22, 2026