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Recent Sold Properties - Page 1

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Just Brakes
9136 Grissom Road, San Antonio, Texas

Purchase Price: $1,120,000

• 15 year primary lease
• Three (3) x 5 year option periods
• NNN (Triple Net Lease)
• 10% rent increases every 5 years
Land Area: ± 0.385 Acres, Building Area: ± 3,864 SF


 
Taco Bell
6117 North Fry Road, Katy (Houston), Texas

Purchase Price: $950,000

• Twenty (20) year primary lease
• Four (4) x 5 year option periods
• NNN (Triple Net Lease)
• 10% rent increases every 5 years
Land Area: ± 0.90 Acres, Building Area: ± 3,000 SF


 
Arby's
NWC Loop 820 & Jacksborro Hwy, Lake Worth, Texas

Purchase Price: $3,259,000

• Twenty (20) year primary lease
• Rent increases by 10% of ground rent every five (5) years
• NNN (Triple Net Lease)
• One ten (10) year option and two five (5) year options.
Land Area: ± 1.336 Acres, Building Area: ± 3,052 SF


 
IHOP
3480 Wedgewood Lane, The Villages (Lady Lake), Florida

Purchase Price: $2,697,917

• Twenty (20) year primary lease
• Six (6) x 5 year option periods
• NNN (Triple Net Lease)
• 1.25% rent increases annually
Land Area: ± 1.37 Acres, Building Area: ± 3,703 SF


 
Chili's (Ground Lease)
Highway 6 and Highway 35 Loop, Alvin (Houston), Texas

Purchase Price: $770,000

• 8 years remaining on 10 year primary ground lease
• Four (4) x 5 year option periods
• Absolute NNN (Triple Net Lease)
• Rent increases every 5 years
Land Area: ± 1.87 Acres, Building Area: ± 5,500 SF


 
Sherwin Williams Paints
12100 Shadow Creek Parkway, Pearland (Houston), Texas

Purchase Price: $1,938,642

• Ten (10) year primary term
• Four (4) x 5 year option periods
• NN (Double Net Lease)
• Rent increases every 5 years
Land Area: ± 1.00 Acres, Building Area: ± 8,000 SF


 
OfficeMax
Parmer Lane and Interstate HWY 35, Austin, Texas

Purchase Price: $4,736,842

• Ten (10) year primary term
• Three (3) x 5 year option periods
• NN (Double Net Lease)
• Rent increases $1.00 psf every 5 years during options
Land Area: ± 2.1 Acres, Building Area: ± 18,000 SF


 
Walgreens
1325 W. Main Street., Cabot, Arkansas (Near Little Rock )

Purchase Price: $5,175,000

• Twenty-Five (25) year primary lease
• Absolute NNN (Triple Net Lease)
• Ten (10) 5 year options at the same rent
Land Area: ± 1.58 Acres, Building Area: ± 13,386 SF



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