Logan's Road House - Laredo, TX

Logan’s Roadhouse located in Laredo, TX. This is an absolute NNN lease with no landlord responsibilities. The lease has 2.5 years remaining with 2 Five-year options and provides for strong rental growth including 10% rent increases every five years.

■ Corporate Guaranteed Absolute NNN Lease
■ Outparcel to the Mall Del Norte
■ Highly Populated Region with Over 189,000 People in a Five-Mile Radius
■ 2.5 years Remaining on the Lease with Two 5-year options to Extend
■ Mall Del Norte is Anchored by Bealls, Dillard’s, Macy’s Home Store, Forever ■ 21, JCPenny, Joe Brand, Sears and Cinemark 16 Theaters

Download the Offering Memorandum for more information.

Additional Info

  • Address: : 5300 San Dario Ave, Laredo, TX 78041
  • Price: : $1,430,000
  • Lot Size (Acres): : 0.43
  • CAP Rate: : 7.44%
  • NOI: : $106,480
  • Year Built: : 2000
  • Status: : Available

What Clients Are Saying                                     
 

"I want to thank for your part in helping us achieve our sale leaseback goals for 2009. We are pleased with the balance you helped us achieve between sales price, rent and overall cap rate. I would not hesitate to recommend you and your firm to other potential clients. Feel free to use me as a reference."
Joe Cirelli/The Pep Boys Manny, Moe & Jack

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557