Description
SRS Capital Markets is pleased to offer the opportunity to acquire Shops at River Oaks, a NNN leased, freestanding, two-tenant investment property located in Houston, Texas. The tenant lineup is comprised of Home Bank and Cyclone Anaya's Tex-Mex Kitchen, and has a weighted average lease term of 3.8 years remaining. Both leases feature scheduled rent increases, and both are NNN in nature, limiting expense leakage and creating a hedge against inflation for a future investor.
Occupied by Home Bank (NASDAQ: HBCP) and Cyclone Anaya's Tex-Mex Kitchen
Located near signalized intersection of Westheimer Road & Wesleyan Street
Centralized location with close proximity to IH-69 and IH-610
Adjacent to NOVEL River Oaks (326 units) and within walking distance from The Gael (210 units), The Essex House (135 units), and more, providing a direct residential consumer base from which to draw.