HighStreet Arranges Sale of Net Leased Asset in Houston

by Haisten Willis

HOUSTON — HighStreet Net Lease Group represented a private investor in the acquisition of a single-tenant net-leased asset located at 26050 NW Freeway in Houston. Denny’s occupies the property and has multiple years remaining on a ground lease with an established multi-unit franchisee that has operated the location since its development more than 10 years ago. The 4,000-square-foot property is located in a retail corridor of northwest Houston. The immediate area is home to retailers such as Walmart, Home Depot, Lowe’s, Hobby Lobby, Target, Kroger, JC Penney and Bed Bath & Beyond. The Denny’s net leased investment property was an off-market transaction.

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