Investment Highlights
Brand New 20-Year Lease | Corporate Guaranteed |Scheduled Rental Increases | Brand New Construction
Located Along Farm to Market 548 | Dual Drive-Thru Equipped Signalized, Hard Corner Intersection | Excellent Visibility & Access
Strong Demographics In 5-Mile Trade Area | Six Figure Incomes
Encompassed by New Development | Dense Retail Corridor | Adjacent to Forney High School
Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, corporate guaranteed, dual drive-thru equipped, Salad and Go investment property located in Forney, Texas. The tenant, And Go Concepts, LLC, recently signed a brand new 20-year lease with 4 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. The newly constructed building features a state-of-the-art design and high-quality materials. Salad and Go was founded in 2013 in Gilbert, Arizona. The company currently operates nearly 103 locations in the Western United States and is continuing to expand.
