Tenant: Twin Peaks
Premises: 6500 SF
Renewal Options: 3 x 5
Lease Expiration: 07/31/15
Lease Type: NNN
Rental Increases: 10% Every 5 Years
Sands Investment Group offers an exceptional opportunity to purchase NNN lease of a freestanding Twin Peaks restaurant in Little Rock, Arkansas.
Twin Peaks was founded in 2005 by Randy Dewitt and Scott Gordon in Lewisville, Texas. Dewitt, who had previously helped Brinker International develop Rockfish Seafood, noted a thriving sports-bar market and decided to create a chain with a mountain-lodge motif and attractive servers. Twin Peaks has subsequently expanded to 38 locations across 17 states in the USA as of August 2013. Most locations are in Texas, with others the American Southwest, Midwest and South. Twin Peaks has a mix of franchised and corporate-owned restaurants.
