Property Type: Retail

Hardee’s

  • 1983 Construction/2012 Renovation. 3,371+/- SF Building on 1.04+/- Acre Site
  • 20-Year Net Lease with (4) 5-Year Options to Renew and 10% Rental Increases Every 5 Years
  • Excellent Site-Level Visibility – Subject Property Benefits From Its Location at the Intersection of the Two Main Thoroughfares Heading In/Out of the City
  • The Lease Is Guaranteed by LBE Holdings, Which Includes 64 Units, and Had Totaling $87,000,000 in 2023.
  • Limited Competition – This Hardee’s Is One of Only Two National Fast-Food Restaurants in the Entire Bushnell Market.
  • Hardee’s Operates over 1,800 Restaurants Across the U.S. and 13 Other Countries.
  • Bushnell | Near Peoria, Canton, Roseville, and Macomb | Population: 27,238+

 

McDonald’s

  • 2024 Construction. 4,285+/- SF Building on 1.407+/- Acre Site
  • 20-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years
  • Rare Relocation Site / Hard Corner Location with High Visibility off Highway 6 (55K+ VPD)
  • Strategically Located Across from a Walmart Supercenter and Adjacent to Kroger
  • Positioned Within a 25,000+ Household Area and Next to Hightower High School (2,536+ Students)
  • McDonald’s, the Largest Fast-Food Chain Globally, Operates Over 41,000 Locations and Generates Over $23.20 B in Revenue
  • Houston | #1 Most Populous City in Texas | Population: 2,314,157+

7-Eleven

  • 2022 Construction. 4,842+/- SF Building on 1.68+/- Acre Site
  • Brand New 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years
  • Large Format 7-Eleven – Large 1.68 Acre Parcel, Sitting at High Traffic, Dense Infill, Signalized Intersection
  • Located on FM 1960 Rd W/Cypress Creek Pkwy (47,993+ VPD), Just North of Sam Houston Tollway (138,425), and Just West of Highway 249/Tomball Pkwy (118,960)
  • Adjacent to an Amazon Warehouse, Willowbrook Mall (1.5M SF), and Costco
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores
  • Houston | 5th Largest Metro in the U.S. | Population: 2.33M+

McDonald’s

  • 2024 Construction. 4,285+/- SF Building on 1.46+/- Acre Site
  • Brand New 20-Year Abs. NNN Ground Lease w/ 10% Rental Increases Every 5 Years
  • Excellent Visibility – Located off New Dallas North Tollway Extension
  • Strategically Positioned within Three Miles of PGA Headquarters, Universal Studios, & Baylor Scott and White
  • Pad Site to Brand New H-E-B & Adjacent to Prosper High School (3,875+ Students)
  • McDonald’s, the Largest Fast-Food Chain Globally, Operates Over 41,000 Locations and Generates Over $23.20 B in Revenue
  • Prosper | Top 20 Places to Raise a Family in Texas | Population: 44,678+

 

7-Eleven

  • 2024 Construction. 4,650+/- SF Building on 1.543+/- Acre Site
  • Brand New 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years
  • Large Format 7-Eleven – Sitting on 1.543 AC Parcel, New Store Features a Laredo Taco, 48 Parking Spaces and 6 MPDs
  • High Growth Trade Area Next to the Sunrise Mall (100+ Stores and Restaurants)
  • The Rio Grande Valley Continues To Be One of the Fastest Growing Regions in America
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Brownsville | 8th Largest MSA in Texas | Population: 186,738+

 

7-Eleven w/ Laredo Taco

  • 2024 Construction. 4,650+/- SF Building on 1.522+/- Acre Site
  • 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years
  • Subject Property is Located on the Corner of Everhart Rd and Alameda St (33,500+ VPD)
  • Large Format 7-Eleven – Features Laredo Taco Restaurant Concept, 40 Parking Spaces & 8 Gasoline MPDs
  • Strategically Positioned Across from an H-E-B and Down the Street from Walmart
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World w/ Over 85,000 Locations
  • Corpus Christi | 8th Largest City in Texas | Population: 355,000+

7-Eleven w/ Roost Chicken

  • 2023 Construction. 4,650+/- SF Building on 2.09+/- Acre Site
  • 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years
  • Subject Property Experiences High Traffic with 45,000 Vehicles Per Day on Vietnam Veterans Blvd
  • The Site is Within 10 Miles of Six Schools, Serving a Total of 7,048 Students
  • Affluent Area – Average Household Income of $114,006 Within a 1-Mile Radius
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Gallatin | One of the Fastest-Growing Cities in the Nashville MSA | Nashville MSA Population: 1.99M+

7-Eleven

  • 2022 Construction. 4,650+/- SF Building on 1.35+/- Acre Site
  • New 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years
  • Large Format 7-Eleven – 1.35 Acre Parcel at the High Traffic Intersection of Hwy. 288 & Meridiana Pkwy
  • Located on Meridiana Pkwy (12,940+ VPD), Right off TX-288/South Freeway (44,439+ VPD)
  • 20 Miles from Downtown Houston
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Houston | Largest City in Texas | Fort Worth Population: 2.3+M

7-Eleven

  • 2022 Construction. 4,088+/- SF Building on 1.44+/- Acre Site
  • 15-Year Corporate NNN Lease with 7.5% Rental Increases Every 5 Years
  • Located at an Irreplaceable Hard Corner, Featuring 21 Parking Spaces and 8 MPDs
  • Located on Longhorn Rd & Old Decatur Rd (26,440+ VPD)
  • 1.5 Miles North of Fort Worth Meacham International Airport (170,000+ Flights/Year)
  • 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
  • Saginaw | 6 Miles from Downtown Fort Worth, in DFW MSA | Fort Worth Population: 908,469+

Corsicana Corners

  • Below Market Rents – At an Average Base Rental Rate of Only $17.14/Sf, the Offering Presents a Major Upside Opportunity Through Gradual Rental Escalations to Meet the Market Rate of ~$22.00–$24.00/Sf
  • H-E-B Proximity – Located Less Than a Block SW of H-E-B, the Site Benefits From It’s Proximity to One of the Largest and Most Successful Grocer Chains
  • Long-Term Tenant Retention – The Site Benefits From Its Stability w/ 50% of the Rent Roll (TitleMax) Occupying Their Space for 10+ Yrs, and the Other Half (Armstrong McCall) for 7+ Yrs.
  • Gross Lease Structure – An Investor Can Realize Additional Upside Through the Eventual Conversion (or Replacement) of Armstrong McCall From a Gross to a NNN Lease Structure.
  • High-Traffic Location – Positioned Directly off W. 7th St., the Site Benefits From Exposure to 25,000+ VPD.
  • Priced Below Replacement Cost – At an Asking Price of Just $234/Sf.
  • Recent Roof Replacement – The Roof Was Replaced in 2019 With TPO Material That Includes a 15-Yr Warranty.

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