Long Term Absolute NNN Lease: Brand new 15 year absolute NNN leases feature 10% rent increases every 5 years and no landlord maintenance responsibilities, providing a completely passive investment.
Strong Demographic Profile Supports Ongoing Service Demand: Located in a dense Houston trade area with approximately 110,000 within 3 miles, the property benefits from a large surrounding population base with continued projected growth through 2029, supporting long-term consumer demand and real estate value.
Firestone-Affiliated Automotive Brand Recognition: The property is operated as a Firestone-affiliated automotive service center, benefiting from the visibility, consumer familiarity, and trust associated with one of the most recognized names in automotive repair.
Surrounded by National Retailers: The property benefits from strong surrounding retail synergy, with nearby national brands including Kroger, Starbucks, Wells Fargo, Chase, IHOP, and Planet Fitness, reinforcing consumer traffic, daily convenience, and long-term real estate relevance within the broader trade area.
Large Guarantee: Guarantee will consistent of two entities doing $10mm in revenue and $1.1mm in EBITDA.
Independent Sponsor Backed Business: Sponsor is buying related entities that will be under the same Holding Company with a revenue of $10 million and $1.1 million in EBITDA.
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