Overview

Description

A corporate Hustler Hollywood with 10 years on the lease featuring 2% annual rental increases throughout the primary term and both options. The subject property features significant frontage on a heavily trafficked interstate in Tomball, a densely populated Houston suburb.

Highlights

• 10-year corporate net lease with 2% annual rental increases
• Freestanding building with dominant visibility, access, and traffic counts
• Parent Company Corporate Lease
• Very difficult to obtain zoning
• Hustler Hollywood’s 2022 revenue totaled $70M – ranking it 3rd among its competitors in the entertainment space
• HH now operates over 58 stores nationwide and has 350+ employees
• 2nd largest metro area in Texas – 7,000,000+ residents
• Subject property features significant frontage on Tomball Parkway – 85K VPD
• Excellent demographics within a 5-mile radius of the property – 245,398 residents and an average household income of $117,510

Documents

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