Portillos 15 Year Absolute Nnn Ground Lease — Sale in Humble, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Humble, TX 77338

Investment Figures

Cap rate
5.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Portillo’s (NASDAQ: PTLO) is a fast-casual restaurant concept known for its menu of iconic Chicago-style street food. Portillo’s serves customers through high-energy, multichannel restaurants designed to ignite the senses and create a memorable dining experience. Humble is a city located in the Houston metropolitan area in the northeast quadrant of Harris County, home to nearly 17,000 residents. As a suburb of Houston, Humble is linked economically to the Greater City of Houston region. Investment Highlights: • New 15-Year Absolute Triple-Net (NNN) Ground Lease • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options • Corporate Guaranty by Portillo's (NASDAQ: PTLO) - Approximately 100 Locations • Brand New High-Quality 2025 Construction with a Drive-Thru • 155,967 Residents within a Five-Mile Radius - Growing Trade Area in the Houston MSA

Market Context

This retail in Humble, TX is listed for sale. It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 99 days. Compare it against other retail listings for sale in Humble, TX — view the full market.

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