Salad and Go 9410 Fry Rd

Investment Highlights

A single-tenant Salad and Go on a 20-year ground lease with three, 5-year options in the greater Houston area The lease features 10% rental increases every 5 years during the primary term and option periods, providing an investor with a hedge against inflation Texas is an income tax free state The subject property features a corporate lease, double drive-thru, and separate mobile express pick-up window The subject property is well-positioned with excellent visibility from heavily trafficked Interstate 30 (63,740 VPD)

Executive Summary

Brand new 20-year ground leased Salad and Go with drive-thru. This 2024 construction Salad and Go features a 20-year corporate backed absolute NNN ground lease with three, 5-year renewal options and 10% increases every 5 years. The subject property is located along Fry Road (30,469 VPD) within a newly constructed, trophy retail and multi-family development, surrounded by the affluent master-planned communities of Bridgeland, Blackhorse, Cypress Creek Lakes, and Towne Lake.IN CONJUNCTION WITHTX LICENSED BROKER:Peter Ellispeter.e@sbcglobal.netPH: 210.325.7578

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Fast Food Freestanding
• Building Size    850
• Building Class    B
• Year Built    2024
• Price    1,721,739
• Price Per SF    2,026
• Cap Rate    5.75
• NOI    99,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.03
• Land Acres    0.66 AC