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INVESTMENT HIGHLIGHTS
New 15-Year Lease Brand new 15-year lease with 4, 5-year renewal options.
Absolute NNN Lease The Lease is absolute NNN with the tenant responsible for payment of all operating and capital expenses related to the Property.
2% Annual Increases Attractive annual increases provide an increase in yield and a hedge against inflation.
Growing Differentiated Restaurant Dillas restaurants achieve high average unit volumes of more than $2.2M.
Newly Renovated The modern 2017 construction building is fully renovated in Dillas signature style with the Tenant investing approximately $500,000 in building improvements.
Premier Retail Corridor The Property sits along North St, the primary thoroughfare through Nacogdoches, less than a half mile from Stephen F. Austin State University and neighboring Chick-fil-A, Whataburger, Burger King, Walgreens, KFC, plus dozens of national tenants.
Strength of Franchisee & Lease Guarantor Experienced multi-unit operator with personal guaranty.
