Jason's Deli - Cinco Ranch

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.