SHOP Companies is pleased to present the opportunity for qualified investors to acquire a newly constructed drive-thru Smalls Sliders located in Houston, Texas. The Absolute NNN Ground Leased asset sits on a 0.48-acre parcel. It features a brand-new 15-year base lease with 10% rental increases every five years throughout the initial term and four (4) five-year option periods, providing long-term, passive income with built-in rent growth.
Strategically positioned just blocks from Katy Freeway (Interstate 10)—a major east-west thoroughfare with traffic counts of over 365,000 vehicles per day (VPD). Additionally, the property offers excellent visibility and accessibility along Gessner Road, which sees more than 39,000 VPD. This high-traffic location benefits from dense surrounding demographics, with over 357,000 residents within a five-mile radius, and is situated in a thriving retail corridor surrounded by national brands such as McDonald's, Dunkin', Raising Cane's, Whataburger, Taco Bell, Wendy's, Torchy's Tacos, and Popeyes, among others.
The area north of Katy Tollway in Houston's Memorial City district is undergoing significant transformation and gentrification, positioning it as a burgeoning retail trade hub. A notable development is Greenside, a 35,000-square-foot mixed-use project at 1085 Gessner Road. This initiative involves converting former industrial warehouses into a vibrant space featuring restaurants, retail stores, creative offices, and a one-acre green space with play lawns and pond overlooks. Scheduled for completion in 2026, Greenside aims to foster a community-centric environment.
Smalls Sliders is a rapidly expanding fast-casual burger concept founded in 2019 by Brandon Landry and Jacob Dugas in Baton Rouge, Louisiana. The brand has quickly gained popularity for its focus on fresh, made-to-order cheeseburger sliders, seasoned waffle fries, and milkshakes, all served in a fun and energetic environment. Smalls Sliders boasts over 375 locations either open or under development. The company has also sold 200 franchise units, signaling strong demand and nationwide momentum. The brand has also attracted high-profile investors, including retired NFL quarterback Drew Brees.