Listed by JLL - Dallas | Cedar Springs, Texas, JLL - Irvine (Orange County), California
$4,495,000
Velvet Taco | Sugar Land, TX (Houston MSA)
Details
Property Type Retail
Sub Type Restaurant
Square Footage 3,927
Cap Rate 5.50%
NOI $247,200
Tenancy Single
Lease Type NNN
Lease Term 10
Rent Bumps Yes
Lease Options Two (2), Five-Year Options
Year Built 2025
Acreage 1.080
Investment Type Net Lease
Ground Lease No
Ownership Fee Simple
Retail | 5.50% CAP | 3,927 SqFt
Marketing description
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the Velvet Taco at 2330 Hwy 6, Sugar Land, TX 77478 ("Property" or "Asset"). Velvet Taco is operating on an NNN lease with zero landlord responsibilities and ±10.0 years of lease term remaining.
This offering presents investors with an exceptional opportunity to acquire an asset providing secure, long-term cash flow, backed by a leading national retailer.
Investment highlights
- Established tenant with 50+ stores across 8 states
- 10 Years of primary lease term remaining
- Zero landlord responsibilities
- Outparcel to Market at Town Center bringing in 4.2M visitors (placer.ai)
- 3.0% NNN Annual rental increases
- 180% Daytime population increase within 1-mile
- $172K Average Household Income within 3-miles
- $4.0M Average Unit Volume
- Adjacent to HWY - 6, connector to I-69 with visibility to 212,000 VPD
- Owned by Leonard green and Partners, a leading private equity firm
Listing Contacts
Listed by JLL - Dallas | Cedar Springs, Texas, JLL - Irvine (Orange County), California
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$247,200.00
$20,600.00/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
Map
Zoning
B-2 CommercialGeneral CommercialGeneral Business
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View all 121 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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