Restaurant
Popeye's | Brand New 20-Year SLB | NNN Ground Lease
6245 Barker Cypress Rd, Houston, TX 77084
Listing Price: $3,308,411
Investment Overview
This opportunity is located in Houston, TX and features a brand new 20-Year Triple Net (NNN) Ground Lease with Zero Landlord responsibilities. Attractive Rental Increases, 10% Every 5 Years, Including Option Periods and Six (6) Tenant Renewal Periods of Five (5) Years Each Bring the Potential Lease Term to Fifty (50) Years.
Investment Highlights
- Brand New 20-Year Triple Net (NNN) Ground Lease with Zero Landlord Responsibilities
- Excellent Guaranty | Operated by One of the Largest Popeyes Franchisee in the System
- Attractive Rental Increases | 10% Every 5 Years, Including Option Periods
- Situated along Barker Cypress Road, Ensuring High Visibility and Easy Access | Over 50,000 Cars Per Day
- Located in Houston, the Largest City in Texas
Exclusively Listed By
Broker of Record
Financing By
Restaurant
Popeye's | Brand New 20-Year SLB | NNN Ground Lease
Listing Price: $3,308,411
Investment Highlights
- Brand New 20-Year Triple Net (NNN) Ground Lease with Zero Landlord Responsibilities
- Excellent Guaranty | Operated by One of the Largest Popeyes Franchisee in the System
- Attractive Rental Increases | 10% Every 5 Years, Including Option Periods
- Situated along Barker Cypress Road, Ensuring High Visibility and Easy Access | Over 50,000 Cars Per Day
- Located in Houston, the Largest City in Texas
Investment Overview
This opportunity is located in Houston, TX and features a brand new 20-Year Triple Net (NNN) Ground Lease with Zero Landlord responsibilities. Attractive Rental Increases, 10% Every 5 Years, Including Option Periods and Six (6) Tenant Renewal Periods of Five (5) Years Each Bring the Potential Lease Term to Fifty (50) Years.