SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, Floor & Decor investment property located in Humble, Texas. The tenant, Floor & Decor, has approximately 9 years remaining with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases in year 11 of the initial term and variable increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.