STNL Pollo Campero Abs. Ground Lease 1818 Fry Rd

Investment Highlights

Original 20 Year Absolute NNN Ground Lease; Zero Landlord Responsibilities; All Expenses Paid Directly by Tenant Dominant and Premier Retail Corridor in Katy, TX; Signalized Intersection; Traffic Counts Exceed 44,000 Per Day Established and Growing Pollo Campero Concept; Average Unit Volume Exceeding $3M Per Year 14.50+ Years Remaining of Primary Term; Rent Increases of 10% Every 5 Years and in Option Periods Corporate Guarantee; Largest Latin Chicken Restaurant Concept in the World; 350+ Locations Worldwide, 75+ Unit in United States Close Proximity to I-10 on/off Ramp; Over 200k+ Vehicles Per Day; Dense Infill; Population Exceeding 275k within 5-Mile Radius

Executive Summary

Perfect 1031 Exchange Ground Lease.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Fast Food General Retail Restaurant Freestanding
• Building Size    2,501
• Building Class    B
• Year Built    2018
• Price    2,965,000
• Price Per SF    1,186
• Cap Rate    5.56
• NOI    165,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.08
• Land Acres    0.69 AC

• Signage