Restaurant
Portillo's - 15 Year Absolute NNN Ground Lease
111 Farm to Market 1960 Bypass Rd E, Humble, TX 77338
Listing Price: $6,560,000
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.
Humble is a city located in the Houston metropolitan area in the northeast quadrant of Harris County, home to nearly 17,000 residents. As a suburb of Houston, Humble is linked economically to the Greater City of Houston region.
Portillo's - 15 Year Absolute NNN Ground Lease
Investment Highlights
- New 15-Year Absolute Triple-Net (NNN) Ground Lease
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Corporate Guaranty by Portillo's (NASDAQ: PTLO) - Approximately 100 Locations
- Brand New High-Quality 2025 Construction with a Drive-Thru
- 155,967 Residents within a Five-Mile Radius - Growing Trade Area in the Houston MSA
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By
Restaurant
Portillo's - 15 Year Absolute NNN Ground Lease
Listing Price: $6,560,000
Investment Highlights
- New 15-Year Absolute Triple-Net (NNN) Ground Lease
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Corporate Guaranty by Portillo's (NASDAQ: PTLO) - Approximately 100 Locations
- Brand New High-Quality 2025 Construction with a Drive-Thru
- 155,967 Residents within a Five-Mile Radius - Growing Trade Area in the Houston MSA
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. Humble is a city located in the Houston metropolitan area in the northeast quadrant of Harris County, home to nearly 17,000 residents. As a suburb of Houston, Humble is linked economically to the Greater City of Houston region.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By
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