INVESTMENT OFFERING
SAB Capital is pleased to present Tilted Kilt in Killeen, TX. The tenant will sign a new 15 year, absolute triple net (NNN) lease at closing. The lease also features 7.5% rent escalations every 5 years. The property boasts strong location fundamentals with a 21% population increase in a 5 mile radius since 2010 and is projected to grow by another 5.6% through 2028. The operator currently has 3 units and is growing.
- Tilted Kilt in Killeen, TX | Located Centrally Between DFW and Austin
- Long-Term Sale Leaseback Opportunity | Tenant Will Sign 15 Year Lease at Close of Escrow
- Structured Hedge Against Inflation | 7.5% Escalations Every 5 Years
- Experienced Operator | Tenant Currently Has Multiple Units and Growing
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Tilted Kilt | $4,000,000 | 6.75% | NNN | 6302 | Available |