2616 Spencer Hwy Archives | Sands Investment Group

Sands Investment Group is Pleased to Present For Sale the Sonic NNN Asset Located in Pasadena, Texas. This Deal Includes Brand New 15 Years on an Absolute Triple Net (NNN) Lease, Providing For a Secured Investment.

Brand New 15 Year Absolute Triple Net (NNN) Lease
10% Rent Increases Every 5 Years Allowing Investors to Hedge Against Inflation
Strong Sales Performance With Healthy Rent-to-Sales Ratio
Emerge Inc. is a Growing Operator With 140-Units Across Four Brands (43-Unit Guaranty)
Essential Use Tenant With Drive-Thru; Pandemic and Recession Resistant
Ideal Opportunity For 1031 Exchange Buyers – National Fast Food Tenant in an Affluent and Growing Market
High Traffic Location With Over 33,000 VPD
Long Term Viability With New Construction 2021 Prototype Building
Densely Populated Area (153,795) Within a Three-Mile Radius Making an Average Household Income of $61,731
Next to HCA Houston Healthcare Southeast a 345-Bed Hospital Employing 1,500 Staff and Over 250 Physicians
Centrally Located in a Dense Retail Corridor With Strong Retail Synergy
Income Tax-Free State (Texas)
Nearby Tenants Include: Whataburger, Day Inn & Suites By Wyndham Pasadena, Iron Horse Twin Motorcycle Dealership, Pasadena Indoor Flea Market, Napa Auto Parts, McDonald’s and More