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EVO Entertainment 18658 IH 35 N 73,813 SF 4-Star Retail Building Schertz, TX 78154 $33,576,065 CAD ($454.88 CAD/SF) 7.50% Cap Rate

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INVESTMENT HIGHLIGHTS

8 Years Remaining | Options To Extend | Scheduled Rental Increases
Schertz Station (257,000+ SF) | Dense Retail Corridor
Elevate Entertainment Group | Growing Brand

NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
Healthy Financial Performance | Personal Guarantor |Multiple Streams of Revenue
Strong Demographics In The Immediate Trade Area

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, EVO Entertainment investment property located in Schertz, Texas. The tenant, EVO Entertainment has approximately 8 years of initial term and 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NNN with minimal landlord responsibilities making it an ideal, low management investment opportunity for a passive investor. The location features positive store level EBITDA and strong sales (Contact Agent for Details) and the lease is personally guaranteed by an operator with extensive experience in the entertainment industry.