77590 Archives | Sands Investment Group

Sands Investment Group is Pleased to Present For Sale the Sonic Absolute NNN Lease Investment Located in Texas City, Texas. This Deal Includes 14 Years Remaining on an Absolute Triple Net (NNN) Lease With 10% Rent Increases Every 5 Years With Additional Bonus Rent (7% of Gross Sales Over Base Rent), Providing For a Secured Investment.

14 Years Remaining on an Absolute Triple Net (NNN) Lease
10% Rent Increases Every 5 Years With Additional Bonus Rent (7% of Gross Sales Over Base Rent)
Outstanding Location With Long Term Viability
Strong Sales Performance With Healthy Rent-to-Sales Ratio
Emerge! Inc. is a Growing Operator With 168-Units Across Four Brands
Pandemic Proof of Concept
Main Attractions in Nearby Galveston (Less Than 30 Minutes): Moody Gardens, Galveston Beach and the Historic Pleasure Pier Which Includes a Ferris Wheel and Other Amusement Park Type Rides and Games
Strong Demographics With a Population of 44,541 Residents Making an Average Household Income of $63,598 Within a 3-Mile Radius
High Traffic Location on Main Retail Corridor With Over 32,150 VPD
Just 20 Minutes From the Texas A&M University Which Serves Over 2,700 Students and Staff
Houston is Just 1 Hour North/West While the NASA Space Center is Just 30 Minutes Away
Texas City is a Busy Deepwater Port Along the Gulf of Mexico; It is Also a Major Hub For Petroleum-Refining and Petrochemical-Manufacturing Center
Nearby Tenants Include: Walgreens, KFC, Shell, HEB, Subway, CVS Pharmacy, O’Reilly Auto Parts, Discount Tire, Planet Fitness, Kroger, Harbor Freight and More