Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Twin Peaks restaurant located at the southwest intersection of Loop 1604 and Interstate Highway 35 in Live Oak, Texas. The property consists of approximately 6,500 square feet of building space and is situated on roughly 2.40 acres of land. This Twin Peaks will be a brand-new construction that is set to open for business in 2022. It will be subject to a 20-year sale-leaseback with rent set to commence upon the close of escrow. Base rent will be $250,000 each year with rental increases of 8.0% every five (5) years that will continue throughout the four (4), five (5)-year tenant renewal options.