BJ’s Restaurant| $4,700,000| 6.05% CAP
» 6.3-YEAR ABSOLUTE-NET CORPORATE GROUND LEASE: Fully Passive Investment Backed by BJ’s Restaurants, Inc. (NASDAQ: BJRI); Lease Structured on an Absolute-Net Basis With No Maintenance, Taxes, or Insurance Obligations.
» HIGH PERFORMING LOCATION: BJ’s Restaurants has been Operating at this Location since 2012 and has Consistently been a Strong Performing Location for them. Rent-to-Sales Ratio is under 6.0%.
» FREESTANDING 8,500 SF PROTOTYPE EXCELLENT VISIBILITY: Built in 2012 on a 2.2-Acre Parcel Fronting W Waco Dr (52,628 VPD).
» TOURISM, EDUCATION & DAYTIME POPULATION TRAFFIC: Within 5 Miles of Baylor University (20,600+Students), Magnolia Market (1.7M+ Annual Visitors), McLane Stadium, and Downtown Waco.
» RICHLAND MALL AREA REGIONAL AND NATIONAL TENANTS: Located in Waco’s Most Prominent Retail Hub Alongside Dick’s, Dillard’s, H&M, Red Lobster, Olive Garden, and Walmart Supercenter.
» STRONG DEMOGRAPHICS AND INCOME GROWTH: 140,879 People Within 5 Miles and Average Household Income Above $80,000 Within a 1-Mile Radius.
