Investment Highlights

LONG TERM ABSOLUTE NNN GROUND LEASE/FEE SIMPLE OWNERSHIP OF LAND
» Brand New 20-year NNN ground lease with 10% rental increases in primary term and options
» Fixed rental increases offers hedge against inflation
» No landlord obligations to maintain the land or building offering an investor a ïhands off’ investment making it ideal for passive or out-of-state investors

NEW CONSTRUCTION/LATEST EL POLLO LOCO PROTOTYPE
» Building was built by Tenant at Tenant’s expense demonstrating their long-term commitment to the location
» Latest El Pollo Loco prototype
» The store features a dedicated drive-thru providing additional convenience to customers increasing sales revenue

INFILL DALLAS/FT. WORTH MSA LOCATION
» Located just off of the heavily trafficked Interstate 820 which has a traffic count over 149,900 AADT
» Dense infill locations with a population of over 248,000 in a five-mile radius
» Hard corner location at the entrance to major retail corridor
» The Dallas/Ft. Worth MSA is the 4th largest metropolitan area in the United States

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Property Description

SOLD

The subject property is located on W Pipeline Rd in the heart of Hurst’s major retail district. The property is located near the intersection of Interstate 820, which boasts an annual average daily traffic count of 167,275 vehicles, and Airport Freeway, an extended intersection of Texas State Highways 121 and 183, which has an annual average daily traffic count of 161,994 vehicles. The site is surrounded by major national retailers such as Men’s Wearhouse, Toys ñRî Us, McDonald’s, and Ross. The Northeast Mall, Hurst’s largest retail center, is located across the street from the property and features more than 150 stores and an 18 screen movie theater. While already a dense retail district, the area is continuing to develop and expand; the subject property is one mile away from The Shops at Hurst, a new retail development featuring 27,000 SF of retail space.