VEG

Price: $3,200,000
CAP Rate: Undisclosed
Status: SOLD

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

Disclaimer:

The representation contained on this internet page has been secured from sources deemed to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. The information has not been independently verified. Principals are advised to conduct a thorough due diligence review for any potential transaction. Marcus & Millichap Real Estate Investment Services name and logo are used herein for informational purposes only as well as to identify brokerage affiliation.

EXCLUSIVE LISTINGS

Floor & Decor

  • PASSIVE NNN LEASE
    Minimal landlord responsibilities limited to roof & structure, all other expenses are reimbursed by tenant

  • NATIONALLY RECOGNIZED TENANT
    Floor & Decor is a leading specialty retailer with over 250 warehouse-format stores and design studios across 38 states

  • TEXAS TAX BENEFITS
    Located in Texas a state with no personal or corporate income tax which enhances overall investor yield and long-term return potential

  • STRATEGIC LOCATION
    Positioned among large destination retailers with excellent visibility and access to major highways and strong regional retail demand

  • RESILIENT MARKET FUNDAMENTALS
    Humble is a thriving Houston suburb and benefits from a growing population, robust employment, and a diverse economy, supporting steady retail performance and tenant stability

Humble ,TX (Houston MSA)

Price: 

$13,960,640

CAP: 

6.25%

NOI: 

$872,540

Northern Tool + Equipment

  • PASSIVE NNN LEASE
    Minimal landlord responsibilities limited to structure only, the property comes with a 20 yr transferable roof warranty until 2040

  • NATIONALLY RECOGNIZED TENANT
    Northern Tool is a leading retailer and manufacturer of industrial-grade tools and equipment with over 140 locations across 22 states

  • TEXAS TAX BENEFITS
    Located in Texas a state with no personal or corporate income tax which enhances overall investor yield and long-term return potential

  • STRATEGIC LOCATION
    Positioned among large destination retailers with excellent visibility and access to major highways and strong regional retail demand

  • RESILIENT MARKET FUNDAMENTALS
    Humble is a thriving Houston suburb and benefits from a growing population, robust employment, and a diverse economy, supporting steady retail performance and tenant stability

Humble ,TX (Houston MSA)

Price: 

$4,789,000

CAP: 

6.55%

NOI: 

$313,718

Loomis Armored US

  • ABSOLUTE NNN LEASE
    Ideal passive investment opportunity, backed by a true triple-net lease with zero financial landlord responsibilities

  • INVESTMENT-GRADE TENANT
    Loomis is a nationally recognized cash-management and secure-logistics operator with an investment-grade credit profile (S&P BBB) and a long history of stable performance

  • TERM & RENT INCREASES
    Five years remaining on the base term, with three 5-year renewal options, where rent is to be increased to market rate

  • TEXAS TAX BENEFITS
    Texas has no personal or corporate income tax which enhances overall investor yield and long-term return potential

  • STRATEGIC EL PASO INDUSTRIAL LOCATION
    Located in one of the Southwest’s most active logistics hubs fueled by cross-border trade and easy access to major transportation routes

  • RESILIENT MARKET FUNDAMENTALS
    El Paso’s steady labor pool and diverse economy support consistent industrial demand strengthened by international commerce and major federal and defense employers

El Paso, TX

Price: 

$2,667,717

CAP: 

6.35%

NOI: 

$169,400

Dairy Queen Grill & Chill

  • ABSOLUTE NNN LEASE – ZERO LANDLORD RESPONSIBILITIES
    This Absolute Triple Net (NNN) Lease requires no landlord responsibilities for maintenance, insurance, taxes, or capital expenditures, ideal for passive investors

  • LONG-TERM LEASE WITH STRONG TENANT COMMITMENT
    With 14 years remaining on the base term, the lease provides long-term, stable cash flow. It features built-in rent escalations, enhancing yield and serving as a hedge against inflation

  • NATIONALLY RECOGNIZED TENANCY
    Dairy Queen is an iconic, global QSR brand with a loyal customer base, operating over 7,000 locations in more than 20 countries. It is a subsidiary of Berkshire Hathaway, adding significant financial strength

  • STRONG OPERATOR – MODERN DQ GRILL & CHILL PROTOTYPE
    This DQ Grill & Chill drive-thru location is operated by an experienced franchisee with a proven track record in the market. The upgraded store format attracts a broader customer demographic and supports stronger sales volumes compared to legacy models

  • PRIME RETAIL CORRIDOR – EXCELLENT VISIBILITY
    Strategically located on US-14, the site is conveniently located across from a Lowe’s and benefits from high daily traffic counts, excellent visibility, and proximity to Abbeville Municipal Airport and other major destination retailers

Abbeville, LA

Price: 

$2,061,500

CAP: 

6.75%

NOI: 

$139,140

Arby's

  • RARE SUB-$1 MILLION PRICE POINT
    Attractive investment opportunity priced under $1 million, rarely available for a nationally branded tenant

  • ABSOLUTE NNN LEASE STRUCTURE
    Absolute triple-net lease with zero landlord responsibilities, providing a truly passive, hands-off investment opportunity

  • LONG TERM INVESTMENT
    Over 8 years remaining on the lease term, offering steady and stable long-term income

  • EXPERIENCED OPERATOR & STRONG PERFORMING LOCATION
    Backed by a proven Arby’s franchisee, RMI successfully operates 68 locations and, according to Placer.ai, this site is ranked in the top third of all Arby’s in the U.S. with consistent increases in YOY annual visits

  • PRIME BETHEL LOCATION
    Located along W Plane Street, a main commercial corridor in Bethel, OH, surrounded by established retailers and steady daily traffic

  • GROWING TRADE AREA
    The Bethel area continues to experience residential expansion and new retail development, contributing to sustained local growth and consumer demand

Bethel, OH

Price: 

$813,965

CAP: 

5.75%

NOI: 

$46,803

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