- For sale
The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to purchase a single tenant net leased investment (fee simple) that is fully occupied by TGI Fridays with 4+ lease years remaining and two (2), five (5) year option periods. Located in Humble, TX, a suburb of Houston, this site is an outparcel PAD to Deerbrook Marketplace and is within a half-mile of Deerbrook Mall. Positioned on Eastex Freeway Road it is easily accessibly from Interstate 69 (174,000+ VPD) as well as Farm to Market 1960 Bypass Road E (41,000+ VPD). The subject property comprises a 1.45-acre lot and a 7,850 SF building and is nearby many retailers including Best Buy, The Home Depot, Office Depot, Marshalls, Old Navy, Bed Bath & Beyond, and PetSmart driving retail synergy and cross-shopping opportunities.
This is a great opportunity to purchase an NNN lease investment positioned in a dominant retail location leased to a national brand restaurant user with over 4 lease years remaining, two option periods, and significant long-term value-add potential.