Calloway's Nursery
Retail | 6.25% CAP | 4,000 SF
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Calloway’s Nursery in Sugar Land, TX. The subject property is located in The Crossing at Telfair, a 28-acre mixed-use master planned development.
Property Website: https://trinityreis.com/listing/6720-hwy-90a/
Investment highlights
Calloway's Nursery With 14.5+ Years Remaining in Primary Term
Absolute NNN Lease With Zero Landlord Responsibilities
5% Rental Increases Every 5 Years Throughout Primary Term and Options
Densely Populated 5-Mile Area With 230,000+ Residents and 17.83% Growth Over the Past 10 Years
Affluent Community Having an Average Household Income of $151K+ Within 5-Mile Radius
Located in The Crossing at Telfair, a 28-Acre Mixed-Use Master Planned Development — Including H-E-B, Holiday Inn, Whataburger, Chuy's, Mattress Firm, Jersey Mikes, Two Retail Centers and Telfair Office Park (70 Office Condos)
Publicly Traded Tenant (OTC: CLWY) with $54M Market Cap, 40 Year Operating History
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