Secure Net Lease, a nationally recognized brokerage firm, has announced the successful closing of a newly developed Hawaiian Bros location in Wichita Falls, Texas. The deal was completed with a 1031 exchange buyer from Houston, who secured the asset through an all-cash transaction that closed in just 30 days. This sale is another example of Secure Net Lease’s ability to efficiently match motivated buyers with high-quality sale-leaseback properties across the country.

Russell Smith, who represented the seller, shared, “This was a great deal with a franchisee who’s primarily a large Jack in the Box operator and very active in sale-leaseback transactions. They’ve done a number of these deals before, so they moved quickly and knew exactly what they were looking for.”
The ±2,950-square-foot Hawaiian Bros property is located at a prominent intersection in Wichita Falls, adjacent to a Walmart Supercenter and near major national retailers including Chick-fil-A, Academy Sports + Outdoors, and Home Depot. The store benefits from excellent visibility, strong traffic counts, and direct access to a growing residential base. As part of the restaurant’s expanding footprint in Texas, the site represents a strategic long-term investment backed by strong fundamentals and a thriving franchisee operator.
“We got a couple of offers right out of the gate, and it didn’t take long to get this one under contract. The buyer was all cash and closed within 30 days, which made for a smooth and efficient transaction from start to finish. It was a great result for everyone involved” Smith concluded.

This transaction further demonstrates Secure Net Lease’s proven ability to facilitate fast, clean closings for sale-leaseback sellers, while placing qualified 1031 buyers into brand-new, net lease assets in dynamic secondary and tertiary markets.
Hawaiian Bros Island Grill is one of the fastest-growing quick-service restaurant concepts in the U.S., with a menu inspired by traditional Hawaiian plate lunches. Known for its craveable offerings and streamlined operations, the brand has attracted significant attention from both consumers and franchise investors. With dozens of locations across the country and more in development, Hawaiian Bros continues to build a strong presence in high-traffic retail corridors, making it a compelling net lease tenant for long-term investors seeking growth and operational stability.
About Secure Net Lease
Secure Net Lease is a nationally recognized brokerage firm with offices in Dallas, TX and Los Angeles, CA that specializes in the acquisition and disposition of investment real estate. With over 100 years of collective experience, over $7.4B in sales, and transaction history in 48 states, Secure Net Lease consistently ranks among the top 10 of all brokerage firms nationally within their niche. Secure Net Lease works with developers, tenants, private and institutional owners to achieve market-setting cap rates for single- and multi-tenant net lease investments across the nation. Historically, 88% of Secure Net Lease offerings are new construction leased to nationally known tenants with 10+ years remaining on the primary term.

















