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
Loro
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
