Contacts
John Toben
SRS Real Estate Partners
Patrick Luther
SRS Real Estate Partners
Matthew Mousavi
SRS Real Estate Partners
Property Details
- Property Type Retail
- Property Size 865 SF
- Cap Rate % 6
- Additional Rent Contact for pricing
- Date Updated Oct 22, 2024
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, corporate signed, dual drive-thru equipped, Salad and Go investment property located in Forney, Texas. The tenant, And Go Concepts, LLC, recently signed a brand new 20-year lease with 4 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. The newly constructed building features a state-of-the-art design and high-quality materials. Salad and Go was founded in 2013 in Gilbert, Arizona. The company currently operates nearly 103 locations in the Western United States and is continuing to expand.
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Getting around
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Location
- City Forney, TX
- Zip Code 75126
- Market Dallas Fort Worth
Points of Interest
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RaceTrac
0.56 miles
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Murphy USA
0.79 miles
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Kroger
1.08 miles
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Shell
1.54 miles
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Exxon
1.71 miles
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Parking for Forney Softball Complex
0.17 miles
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Parking for Forney Soccer Complex
0.33 miles
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Parking for Forney Community Park and Splashpad
0.38 miles
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Faculty and Handicaped Parking
0.57 miles
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Student and Citybank Stadium Parking
0.69 miles
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USDA Service Center
0.86 miles
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Large Trailer Parking
8.25 miles
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Vehicle Parking Area
8.29 miles
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Small Trailer Parking
8.33 miles
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Taco Casa
0.24 miles
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Bush's Chicken
0.46 miles
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McDonald's
0.54 miles
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Raising Cane's
0.65 miles
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Jack in the Box
0.68 miles
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Cowboy Chicken
0.77 miles
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Schlotzsky's
0.77 miles
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Oscar Delta
0.77 miles
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Cristina's Fine Mexican Restaurant
0.78 miles
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Napoli's
0.78 miles
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Walmart Supercenter
0.94 miles
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Kroger Marketplace
1.08 miles
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ALDI
1.37 miles
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Brookshire's
1.75 miles
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Kroger
5.83 miles
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Brookshire Brothers
7.35 miles
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Ross
7.53 miles
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Tom Thumb
7.54 miles
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Albertsons
8.24 miles
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Big Lots
8.98 miles
In-Depth Research Available for this Property
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