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Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire 1301 Fry Road (“The Property”), an 3,200 square foot drive-thru Voodoo Doughnut, shadow anchored by Walmart and located at the intersection of Park Row Drive and Fry Road in Katy, Texas. The location saw over 30% population growth in the past 10 years and currently serves a trade area of nearly 200,000 people with an average household income of over $100,000.
Voodoo Doughnut's is one of the fastest growing doughnut concepts in the industry with 23 stores nationwide. This location just opened in 2022 and has a new 15-year NNN lease on it with options to renew. The Property is surrounded by other nationally recognized tenants including Walmart, Sam's Club, The Home Depot, H-E-B, and Kohl's and is strategically located only 30 miles from Houston.
Atributos
Mídia
Destaques do investimento
- 14+ years remaining
- Corporate lease with Voodoo Doughnut
- Premier retail node
- #1 most visited Voodoo Doughnut in Texas
- 34% population growth
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