Located along Highway 105 W, the primary artery through Montgomery with a traffic count of 20,750 vehicles per day, this property is part of a Kroger and Home Depot-anchored shopping center. It features additional popular tenants, including Dutch Bros. Coffee, Simmons Bank, BlueWave Express Car Wash, Discount Tire, and Popeyes. The surrounding retail hub includes major national brands such as Walmart Supercenter, Starbucks, Chick-fil-A, CVS, MOD Pizza, and AutoZone. Just half a mile from Lake Conroe, a local tourist hotspot, and KOA Holiday, a traveler’s retreat, the property benefits from its proximity to these vibrant attractions. Located in the Houston metro area—the largest in Texas and fifth-largest in the U.S.—Montgomery is experiencing rapid growth, with a nearly 10% annual population increase within a one-mile radius and an average household income of $178,771.
This property offers a new 20-year NNN lease set to commence upon escrow closing, providing a hands-off investment opportunity with no landlord responsibilities. The lease includes attractive annual rental increases of 2%, extending into option periods, with four five-year renewal options, potentially bringing the total lease term to 40 years. The tenant, Kolhorst Foods, LLC, operates 12 Burger King locations in the region. Burger King, a global leader in the fast-food industry with over 19,000 locations in more than 100 countries, is renowned for its flame-grilled burgers and signature Whopper sandwich, making this a reliable and established investment opportunity.