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INVESTMENT HIGHLIGHTS
New 10-Year Lease Brand new 10-year lease with 2, 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.
5% Rent Increase in Year 6 Rent increase in year 6 provides an increase in yield over time.
Growing National Restaurant Concept Hangry Joe’s restaurants are in 17 states and two countries with 65 stores in operation and 51 coming soon.
Newly Renovated The Property is renovated in Hangry Joe’s signature style.
Adjacent to University The property sits along University Blvd, across the street from UT Tyler, an expanding university with approximately 10,000 students.
Strength of Franchisee & Lease Guarantor Experienced multi-unit operator with personal guaranty.
