222 W Grand Pky S
Katy, TX 77494
Cinco Ranch
HIGHLIGHTS
- Long Term NNN Lease (Minimal Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Backed by Bain Capital’s $1.1 Billion Acquisition - Fogo de Chão Operates 100+ Locations Globally. Founded in 1979.
- This World-Renowned Brazilian Churrascaria is Backed by Bain Capital, Currently Executing its most Aggressive Expansion in Brand History.
- Irreplaceable Location on SH-99 / Grand Parkway - Texas’s Fastest-Growing Toll Corridor Grand Parkway Serves as Houston’s Primary Suburban Loop.
- Exceptional Traffic Exposure - 221k+ Combined VPD at the I-10 / State Highway 99 Interchange where Interstate 10 Intersects SH-99.
- Directly Adjacent to Costco Wholesale, One of America’s Highest-Traffic Retail Anchors.
OVERVIEW
Fogo de Chão Brazilian Steakhouse | Long Term NNN Lease $1.1 Billion Bain Capital Backing | Texas’s FastestGrowing Toll Corridor | Irreplaceable Location on SH-99 / Grand Parkway: 221k+ VPD | Adjacent to Costco - Millions of Annual Customer Trips | Major Hospital Systems Nearby | Minutes from 1.3M SF Katy Mills Mall - 12M+ Annual Shoppers | Densely Populated and Affluent Area: $133k+ Avg. HHI
FOR SALE DETAILS
PRICE
$7,692,300 USD
PRICE/SF
$897 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
FOGO DE CHAO | LONG TERM NNN LEASE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Restaurant, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.5 AC
LAND SF
65,340 SF
ZONING
-
APN/PARCEL ID
1346160080002
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858-373-3184
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