
Lucky's Market - Tallahassee, FL
US - Tallahassee, FL
HK$91,903,000 | 54,674 sf
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale the ground lease interest in a brand new 2023 construction Salad and Go located in Spring, TX (the “Property” or “Asset”). Salad and Go operates on a new 20-year ground lease featuring zero landlord responsibilities and 10% rent increases every 5-years throughout the primary and renewal option periods. Salad and Go operates 53+ restaurants throughout Arizona and Texas with headquarters in Phoenix, AZ. The fast-growing retail chain plans to add 35 restaurants in 2022 and 2023 throughout Arizona, Texas, Oklahoma and Nevada, representing a 77% increase.
Dynamic Houston MSA
Expansive Regional Tenancy
Dense and Affluent Surrounding Submarket
Favorable Net Lease Structure