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Restaurant

Loro

1001 W 11th St, Houston, TX 77008

Listing Price: $7,053,000

Cap Rate
4.75%
Tenant Name
Loro
Years Remaining On Lease
13.0
Gross SF
6,224
Guarantor
Corporate Guarantee
Rentable SF
6,224
Price/Gross SF
$1,133.19
Lease Type
Absolute Net
Rent Per Square Feet
$53.82

Investment Overview

Loro’s Parent, Hai Hospitality, is one of the Premier Restaurant Operators in Texas

Investment Highlights

  • Absolute Net Lease | No Landlord Responsibilities | Generational Asset
  • Prime Two-Corner Location in Houston's Desirable Heights Neighborhood | Adjacent to Hike & Bike Trail
  • 15-Year Primary Term | Lease Expires 1/31/2036
  • Structured Rent Increases in Primary Term Provide a Hedge Against Inflation | 10% Every 5-Years
  • Designed by the Famed Michael Hsu Office of Architecture | Significant Tenant Investment Provides Stability

Exclusively Listed By

Financing By

Listing Price: $7,053,000

Cap Rate
4.75%
Tenant Name
Loro
Years Remaining On Lease
13.0
Gross SF
6,224
Guarantor
Corporate Guarantee
Rentable SF
6,224
Price/Gross SF
$1,133.19
Lease Type
Absolute Net
Rent Per Square Feet
$53.82

Investment Highlights

  • Absolute Net Lease | No Landlord Responsibilities | Generational Asset
  • Prime Two-Corner Location in Houston's Desirable Heights Neighborhood | Adjacent to Hike & Bike Trail
  • 15-Year Primary Term | Lease Expires 1/31/2036
  • Structured Rent Increases in Primary Term Provide a Hedge Against Inflation | 10% Every 5-Years
  • Designed by the Famed Michael Hsu Office of Architecture | Significant Tenant Investment Provides Stability

Investment Overview

Loro’s Parent, Hai Hospitality, is one of the Premier Restaurant Operators in Texas

Exclusively Listed By

Financing By

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