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

Jason's Deli - Cinco Ranch

묘사

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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개요

요청 가격

₩1,993,117,000

Cap rate

5.75%

NOI

₩114,594,000

WAULT

20 년

건물 면적 순

439 제곱미터

건축년도

2025

토지 총면적

0.41 헥타르

미디어

투자 하이라이트

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