Property Details
For Sale | Net Lease Offering - Gatti's Pizza
EXCLUSIVE NET-LEASE OFFERING MEMORANDUM
GATTI’S PIZZA | AUSTIN, TX
CORPORATE AND PERSONAL GUARANTIES | 7525 EAST HIGHWAY 290, AUSTIN, TX 78723
New 15-year corporate and personal guaranteed absolute net lease
10% rental escalations every 5 years throughout the primary lease term and option periods
Lease guaranteed by parent company and also personally guaranteed by two principals of the franchise operator
Gatti’s is experiencing explosive growth with plans to grow to 300 locations by 2022
Highway location | Excellent access and visibility on Highway 290
Located at the intersection of East Hwy 290 and Highway 183 | Combined traffic counts exceed 141,000 vehicles per day
Dense population demographics | 115,000 and 315,000 people within a three and five mile radius respectively
- Property TypeRetail
- Submarket
- Total Acres0.04
- Building ClassC
- Property ID2028489