Restaurant
Portillo’s Ground Lease | New 10 Year Term | Contact Broker for Details
7455 Cypress Creek Pkwy, Houston, TX 77070
Listing Price: $4,948,000
Investment Overview
Portillo's (NASDAQ: PTLO) is a fast-casual restaurant concept known for its menu of iconic Chicago-style street food. Portillo's serves customers through high-energy, multichannel restaurants designed to ignite the senses and create a memorable dining experience.
As the fifth-most populous metro area in the United States, Houston houses more than 7.4 million people in southeastern Texas. Roughly one-third of residents live in the city of Houston. Local population counts also exceed 100,000 residents in Pasadena, Pearland, The Woodlands, Sugar Land and League City. The market is composed of nine counties: Harris, Galveston, Brazoria, Fort Bend, Chambers, Montgomery, Austin, Liberty and Waller.
Portillo’s Ground Lease | New 10 Year Term | Contact Broker for Details
Investment Highlights
- Brand New 10-Year Absolute Triple-Net (NNN) Ground Lease
- 10% Rental Increases Every 5 Years
- 309,958 Residents within a Five-Mile Radius
- Anchored to the Willowbrook Mall that holds National Tenants such as: Old Navy, Nordstrom Rack, Macy's, Chick-Fil-A, Sephora, H&M, and more
- Excellent Visibility and Location Cypress Creek Pkwy (54,999 CPD)
Restaurant
Portillo’s Ground Lease | New 10 Year Term | Contact Broker for Details
Listing Price: $4,948,000
Investment Highlights
- Brand New 10-Year Absolute Triple-Net (NNN) Ground Lease
- 10% Rental Increases Every 5 Years
- 309,958 Residents within a Five-Mile Radius
- Anchored to the Willowbrook Mall that holds National Tenants such as: Old Navy, Nordstrom Rack, Macy's, Chick-Fil-A, Sephora, H&M, and more
- Excellent Visibility and Location Cypress Creek Pkwy (54,999 CPD)
Investment Overview
Portillo's (NASDAQ: PTLO) is a fast-casual restaurant concept known for its menu of iconic Chicago-style street food. Portillo's serves customers through high-energy, multichannel restaurants designed to ignite the senses and create a memorable dining experience. As the fifth-most populous metro area in the United States, Houston houses more than 7.4 million people in southeastern Texas. Roughly one-third of residents live in the city of Houston. Local population counts also exceed 100,000 residents in Pasadena, Pearland, The Woodlands, Sugar Land and League City. The market is composed of nine counties: Harris, Galveston, Brazoria, Fort Bend, Chambers, Montgomery, Austin, Liberty and Waller.
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