Salad and Go | Ground Lease Sugar Land, TX

18830 Noble Seven Lane
Sugar Land, TX

Price: $2,000,000
Cap Rate: 6.00%
NOI: $120,000
Building Size: Approx. 830 Sq. Ft.
Lot Size: Approx. 0.67 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 2023

Investment Overview

  • 2023 Construction. 830+/- SF Building on 0.67+/- Acre Site
  • New 20-Yr. Ground Lease w/ 10% Rental Increases Every 5 Years in Primary Term and Renewal Options
  • High Growth Trade Area – Surrounded by Over 186,697 Residents Living Within 5-Mile Radius w/ Avg. HH Income of $135,089
  • Near The Village at Riverstone, a 165,079 SF Shopping Center Anchored by Kroger & Includes Several National Tenants
  • Located in the Heart of Riverstone Neighborhood, a 3,700 Acre Upscale Master Planned Community that Houses 18,000+ Residents
  • Salad and Go Has Been Featured in Numerous Publications, Including Refinery 29, Food & Wine, Business Insider, and 12News
  • Sugar Land  |  Ranked as One of the “Top Cities in Texas” for Business Relocation & Expansion  |  Population: 118,563