Hunington is excited to present the opportunity to purchase the fee simple interest in a BJ’s Restaurant and Brewhouse located at 2609 S. Stemmons, Lewisville, TX 75067. BJ’s Restaurant and Brewhouse is a nationally recognized, full service dining concept known for its broad menu, craft beer program, and strong brand presence across the United States.
This offering represents an exceptional chance to acquire a ground lease under a well-positioned retail and dining asset in the Vista Ridge Marketplace anchored by Costco. Situated in a thriving retail corridor with convenient highway access, the property benefits from strong traffic drivers and is anchored by an established, high-quality tenant.
Lease Type: Absolute Net Rent
Ownership Type: Ground Lease
Tenant Guarantor: Corporate
NOI: $166,000.00
Cap Rate: 5.65%
Primary Term: 20 Years
Rent Increases: $182,000 on 10/1/2027
Lease Commencement: 10/1/2002
Lease Expiration: 9/30/2032
Building Size (Sq Ft) Approx. 9,000 SF
Land Size (Acres): 1.59 AC
Year Built: 2002