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JLL is pleased to offer for sale the single-tenant, net leased Shell Shack (the "Property") positioned within the high-growth Washington Avenue corridor of Houston. Shell Shack is an established concept in the Dallas/Fort Worth Metroplex and this is their first location in Houston, totaling eight locations. Positioned along Washington Avenue within the Inner Loop/River Oaks submarket of Houston, this location benefits from unparalleled growth in the area with significant development in the immediate area. This offering presents the unique opportunity to acquire a stable tenant with strong yield positioned in the ideal location to see phenomenal growth over the course of the lease, providing security in residual value.
- Excellent retail fundamentals
- High population growth
- Market leading multifamily occupancy
- Accessibility across Houston
- Passive investment
- E-commerce resistant tenat