Retail

Salad and Go - Dallas-Fort Worth, TX

828 SW Wilshire Blvd Burleson, Texas United States 76028-5713
Asking Price
Area Size
NOI Net Operating Income
NIY

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2022
Building Area Net
Occupancy 100.0 %

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale the ground lease interest in a brand new 2022 construction corporate Salad and Go located in Burleson, TX (the “Property” or “Asset”).


Upon rent commencement in September of 2022, Salad and Go will operate on a ground lease resulting in zero landlord responsibilities. Salad and Go will be subject to a 20-year lease featuring 10% rent increases every 5-years during the initial term and renewal option periods thereafter.


Salad and Go operates 45+ restaurants throughout Arizona and Texas with headquarters in Phoenix, AZ. The fast-growing retail chain plans to add 35 restaurants in 2022 and 2023 throughout Arizona, Texas, Oklahoma and Nevada, representing a 77% increase. 

Investment Highlights

  • High growth tenancy with corporate guaranty
  • 20 years of primary lease term remaining with favorable 10% rent increases every five years
  • Ground lease with zero landlord responsibilities
  • Brand new 2022 construction
  • Adjacent to Walmart - Burleson, a top 13% most visited Walmart location nationally - Placer.AI
  • AHHI of $107,755 with 100,935 residents within a five-mile radius
  • Optimal visibility and accessibility along SW Wilshire Blvd (28K VPD)
  • DFW has experienced a 23% population growth since 2010 and the population within a five-mile radius of the Properties is expected to out pace the national average and grow by 6.45% over the next five years
  • #1 "State For Business" for 17 years in a row


Last Updated Date: 29 Aug 2022

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 29 Aug 2022

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.