Hat Creek
Retail | 6.50% CAP | 5,000 SqFt
Marketing description
TREK Investment Group is pleased to offer for sale Hat Creek Burger in Katy, Texas. This Absolute NNN investment offers a corporately guaranteed lease with 15.5 years remaining, four - (5)year renewal options, and 1.5% annual rent increases throughout. This asset is well positioned in an affluent, growing community with $151,850+ household income in a 3-mile radius, providing a large consumer base. Hat Creek is strategically located in a high-trafficked area of the city’s primary retail corridor along S. Mason Road which averages 28,445+ vehicles per day, and is located less than 2 miles east of State Highway 99 which serves as a loop around the Houston MSA and sees staggering traffic counts of 106,000+ vehicles per day.
Investment highlights
Located in Booming Affluent Houston Suburb with $151,000 HH Income
Absolute Net Lease | 15.5 Years Remaining | 1.5% Annual Increases | Next Increase 9/1/26
Corporate Guarantee | Strong Regional Operator with 26 Units and Growing
105,000 VPD on HWY 99 | 28,445 VPD on Mason | Oversized Pad
Large Consumer Based Generators nearby including H-E-B, Specs, Kroger, Lifetime Fitness, The Golf Club at Cinco Ranch,
Shopping Centers, Parks and more
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