HG SPLY CO. NNN Lease

HG SPLY CO. | Dallas (Trophy Club), TX


Sands Investment Group is Pleased to Present For Sale a 27,559 SF HG SPLY CO. NNN Lease Investment in Trophy Club, TX. This Opportunity Includes a Stable Cash Flow With Significant NOI Growth and Best of Class Net Lease Restaurant Group, Providing For a Secure Investment.

STABLE CASH FLOW WITH SIGNIFICANT NOI GROWTH:

  • COVID Rent Collections – No Rent Was Abated and See Below For Rent Deferment
  • Additional Income to Purchaser – Deferred Rent of $4,876 Per Month Through 7/31/2023; NOT Included in NOI Calculation; Guarantor is Parent Company EightyTwenty Hospitality, LLC
  • Term Remaining – 12.5 Years
  • Significant NOI Growth – With Rent Increases of 10% Every Five (5) Years, the Average Cap Rate Over the Initial Term of Lease is 7.31%

REAL ESTATE FUNDAMENTALS:

  • Irrevocable Parking Agreement (City of Trophy Club) – Access to an Extra 239 Space Parking Lot Adjacent to the Site, Maintained By the Town of Trophy Club, TX
  • Below Building Replacement Cost – Subject Property is Listed Below Replacement Cost of Up to $15 Million + Irrevocable Parking Agreement With the City of Trophy Club

HIGHEST QUALITY, BEST OF CLASS NET LEASE RESTAURANT GROUP:

  • Regional Credit & Brand Name Restaurant – Master Lease By HG SPLY Trophy Club, LLC With Three (3) 8020 Concepts Including HG SPLY Co. Standard Service and Leela’s Wine Bar
  • Location (Subject Property) – “Flagship” Location Includes Three (3) of the Four (4) Companies Under One Roof/Shared Kitchen (HG SPLY, Standard Service and Leela’s Wine Bar)
  • Renowned Culinary Experience in DFW – HG SPLY Co. Trophy Club, TX is Owned & Operated By One of the Top Restaurateur Groups of Dallas-Fort Worth, Texas: 8020 Concepts; This Location is 8020 Concepts’ Largest Project; Composing a Massive Combination of 27,559 SF of Restaurant Space and Outdoor Gathering Space; the Design and Atmosphere Pairs Perfectly With the Overwhelming Settlement of Corporate Offices and Young Professionals in This Region
  • Years in Business – Eight (8) + Years
  • Strong Alcohol Sales – HG Was #1 in Alcohol Sales in 2019 (Aug-Dec) and 2020 For All of Roanoke, Southlake and Trophy Club; HG Was #1 in Roanoke & TC and #2 in SL in 2021 Despite 4 Months of Renovations
  • Restaurant Concept Expansion – In 2021, HERO Was Converted to Standard Service and Leela’s Wine Bar Opened (See Site Plan Pg. 9); Standard Service & Leela’s Wine Bar Are Projected to Generate Substantially Higher Revenue in 2022
  • Recent Tenant-Funded Investment – Over $500,000 Tenant-Funded Improvements to Leased Premises in 2021 (Tenant-Funded Improvement Utilized For Interior Improvements to Convert HERO to Standard Service & Leela’s Wine Bar – Opened 2021)

LOCATION:

  • Strong Demographics With a Population of 95,114 Residents Making an Above Average Household Income of $187,988 Within a 5-Mile Radius
  • Trophy Club is a Northern Suburb of Dallas/Fort Worth and Only 30 Minutes Into Each Downtown; and 15 Minutes to DFW International Airport and Texas Motor Speedway
  • This Area is Home to Several Corporate Offices Such as Fidelity, TD Ameritrade and Charles Schwab; Also, a Major Hub For Amazon Warehouse and Air Which Utilizes the Fort Worth Alliance Airport
  • No Income Tax State – Texas is One of Several States With No Income Tax; Investors That Live in Non-Income Tax States Can Benefit From Higher Post-Tax Dollars

In Cooperation With Sands Investment Group Austin, LLC  Lic. #9004706 BoR: Max Freedman Lic. # 644481

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