Investment Highlights
LONG-TERM SECURITY - Long Term +11-Year Absolute NNN Lease - Hooters recently signed an absolute NNN lease at this high-visibility Houston (Pearland), TX location, providing long-term income security.
BUILT-IN INCOME GROWTH - 5% Rental Increases at the Beginning of Each Option Period (4 x 5-Year Options)
TRULY PASSIVE OWNERSHIP - Zero Landlord Responsibilities – The absolute NNN lease structure ensures a truly passive investment with no landlord obligations for taxes, insurance, or maintenance.
RELIABLE TENANT COVENANT - Hooters is a well-established casual restaurant brand with over 400 locations across the U.S and other countries. The lease is backed by Corporate Guarantor.
HIGH-TRAFFIC LOCATION - Prime South Freeway Location – Over 70,000 VPD
RETAIL-DENSE TRADE AREA - Anchored by Sam’s Club with Gas Station – Exceptional Crossover Traffic | Nearby: Pearland Town Center, H-E-B, Target, Macy’s, Best Buy, Walmart Supercenter, Chick-fil-A, McDonald’s, CVS, Walgreens
STRONG CONSUMER PROFILE - Affluent and Growing Demographics – $120K+ Avg HH Income (5-Mile Radius)
DESTINATION DEMAND DRIVERS - Outparcel to Top Ranked National Performing Sam’s Club with Gas Station (+2.2M Annual Visits) | Proximity to Top-Ranked Pearland ISD Schools & Major Medical Centers
EXPLOSIVE MARKET GROWTH - Located in Pearland, TX (Houston MSA) – One of the Fastest Growing Submarkets in the Region