- Rare Texas Tech Campus Location – Underlying Real Estate on University Avenue is Scarce, Creating Limited Ownership Opportunities
- Brand New 2023 Construction with a 15-Year Absolute NNN Ground Lease and 10% Rental Increases Every 5 Years
- Across the Street from Texas Tech University Campus (40,500+ Students Enrolled) and Strategically Located Directly Across from Many of the Universities 18 Residence Halls – Which House over 7,400 Students
- Near Jones AT&T Stadium – Home to the Texas Tech Red Raider’s Football Program – Capacity of 60,454
- Located at the Signalized Intersection of University Drive (Main Road for Texas Tech University Campus), & 15th St. (49,118+/- Combined VPD)
- Near Many Local & National Favorites Including Raider Bar & Grill, Chimy’s Mexican, CVS, Insomnia Cookies, Jimmy John’s & Many More
- 7 Brew is a One of a Kind Concept with a Double Drive-Thru and Convenient Walk-Up Window, an Ideal Concept for College Students
Property Subtype: QSR
Shake Shack | Ground Lease
- 2023 Construction. 3,380+/- SF Building on 1.33+/- Acre Site
- Brand New 15 Year Ground Lease w/ 10% Rental Increases Every 5 Years, Including Option Periods
- Subject Property is Located on the Corner of Mayfield Dr and State Hwy 161 (23,900+ Combined VPD)
- Subject Property is a New Construction Building with a Double Lane Drive-Thru
- Located Near the Grand Prairie Premium Outlets & 11 Miles from DFW International Airport
- Shake Shack is one of the Fastest Growing Food Chains in the US – 440 Locations w/ $900M Revenue in 2022
- Grand Prairie | 12 Miles from Downtown Dallas | Population: 73,352
Whataburger | Ground Lease
- 2023 Construction. 4,600+/- SF Building on 1.77+/- Acre Site
- Brand New Largest Prototype Whataburger Ground Lease with 10% Rent Bumps Every 5 Years
- Located Off Rankin Hwy (21,000 VPD) the main thoroughfare between I-20 (55,270 VPD) & Downtown Midland.
- Dense Retail Corridor Anchored by a Walmart SuperCenter. Adjacent to Chick-Fil-A, AutoZone, McDonalds, & More
- Outstanding Demographics and a New $1.67B Bond Proposal
- Whataburger is One of the Fastest Growing QSR Chains in the U.S.
- Midland | Accounts for 40% of U.S. Oil Production | Population: 338,085
Denny’s
- 2023 Construction. 4,400+/- SF Building on 1.81+/- Acre Site
- 20-Year Absolute NNN Lease w/ 8% Rental Increases Every 5 Years, Including Option Periods
- Located on Corner of Yuma Rd (12,900+ VPD) and Cotton Ln (25,500+ VPD)
- Surrounded by New Development – Starbucks, Freddy’s, Black Rock Coffee, Chipotle, Eegee’s, & More
- Site is Approximately 18 Miles from Downtown Phoenix and 5 Miles from Phoenix Goodyear Airport
- Denny’s is a Well-Known, 24/7 Service Restaurant with Over $456.4 Million in Revenue for 2022
- Goodyear | 46% Growth in the Past Decade | Population: 101,733
Shake Shack
- 2023 Construction. 3,437+/- SF Building on 1.424+/- Acre Site
- Brand New 15 Year Ground Lease w/ 2% Annual Rent Increases and (4) 5-Year Options to Renew
- Subject Property is a New Construction Building with a Double Lane Drive-Thru
- High-Traffic Location Directly Off of E Whitestone Blvd (54,450 VPD) Near Intersection w/ 183A (137,733 Combined VPD)
- Located 1 Mile From Target Anchored Shopping Center w/ Retailers Including Academy, Freddy’s, Hobby Lobby, Chick-fil-A, & More
- Strong Income Demographics w/in Immediate Trade Area – Over $126,000 HH Income w/in 5 Miles of Property
- Shake Shack is one of the Fastest Growing Food Chains in the US – 440 Locations w/ $900M Revenue in 2022
- Cedar Park | Located w/in the Austin MSA | Population: 235,000 w/in 5-Mile Radius
Starbucks
- 2023 Construction. 2,225+/- SF Building on 0.68+/- Acre Site
- New Construction Site w/ 10 Year NN Lease w/ 10% Rental Increases Every 5 Years in Primary & Options
- Subject Property Located on the I-90 & I-173 Interchange which Sees Over 25,000 VPD
- Anchor Tenants Include H-E-B, Walmart, Tractor Supply. Other Nearby Tenants Include McDonald’s, Taco Bell, Whataburger, & More.
- Near South Texas Regional Airport and Hondo High School
- Starbucks is the Largest Specialty Coffee Retailer in the World w/ Over $32.3B in Revenue
- Hondo | 40 Miles from San Antonio | San Antonio Population: 1.53M
Hawaiian Bros
- 1999 Construction/2023 Renovation. 2,977+/- SF Building on 0.65+/- Acre Site
- 15 Year NNN Ground Lease w/ (5) 5 Year Options to Renew and 10% Rental Increases Every 5 Years
- Signalized, Hard-Corner Location on S Broadway Ave (39,000+ VPD) and just South of Grande Blvd (23,000+ VPD)
- Located in High Growth Part of the City w/ Average HH Income of $114,000+ in a 1-Mile Radius
- Pad Site to Target and Walmart. Adjacent Retailers also Include Starbucks, KFC, and Whataburger.
- Hawaiian Bros is One of the Fastest Growing and Highest Performing Restaurant Brands w/ Average Unite Volume of $4.6M
- Tyler | Commercial & Cultural Capital of the East Texas Region | Population: 241,922
Starbucks
- 2023 Construction. 2,222+/- SF Building on 0.699+/- Acre Site
- New Construction Site w/ 10 Year Net Lease w/ 10% Rental Increases in Both Primary Term and Options
- Excellent Location Near Corner of University Drive (19,800 VPD) and N Carroll Blvd (9,000 VPD)
- Located Within 2 Miles of both University of North Texas and Texas Woman’s University
- Near Kroger, McDonald’s, Taco Bell, Natural Grocers, Walgreens, and More
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
- Denton | Part of Dallas-Fort Worth Metroplex | 4th Largest MSA in the U.S.
Dutch Bros Coffee
- 2023 Construction. 950+/- SF Building on 0.92+/- Acre Site
- New Construction 15 Year NNN Lease Site w/ Double Drive-Thru
- Located Directly Off W State Hwy 29 (35,194 VPD)
- Dense Trade Area Near Several National Retailers Including Domino’s, Sonic, QuikTrip, McDonalds, and More
- One of Austin’s Fastest Growing Suburbs w/ a 79.3% Increase in Population from 2020-2021
- Dutch Bros Total Revenue Grew 48.4% to $739.0 Million as Compared to $497.9 Million in 2021
- Liberty Hill | 30 Miles from Downtown Austin | Median Household Income: $86,272
Shake Shack w/ Double Drive-Thru
- 2023 Construction. 3,372+/- SF Building on 1.1195 +/- Acre Site
- Brand New 15 Year Absolute NNN Lease w/ 10% Rental Increases Every 5 Years
- Subject Property is a New Prototype Building with a Double Lane Drive-Thru
- Excellent Signalized, Hard Corner Location at the Intersection of Greenhouse Rd & I-10 (304K Combined VPD)
- Subject Property Located in Dense Retail Corridor Near Chick-fil-A, H-E-B, Walmart Supercenter, Target & More
- Strong Income Demographics Within the Immediate Trade Area w/ an est. $96,000 Within 1 Mile
- Shake Shack is one of the Fastest Growing Food Chains in the US and is Publicly Traded
- Katy | Affluent Suburb of Houston | Population: 24,000+