Beef-A-Roo

Carrollton, Texas, located in the Dallas-Fort Worth metropolitan area, is a vibrant city known for its diverse community, thriving economy, and family-friendly atmosphere. With a population of over 135,000 residents, Carrollton offers a mix of suburban charm and urban amenities. The city's strategic location provides easy access to major highways, making it a convenient hub for commuters and businesses alike. Carrollton boasts a strong economy supported by a diverse range of industries, including manufacturing, technology, and healthcare. The city is home to several corporate headquarters and business parks, contributing to its reputation as a dynamic economic center. Residents enjoy a variety of recreational opportunities with numerous parks, trails, and community centers, fostering an active and healthy lifestyle. The city's commitment to education is evident through its quality schools and access to higher education institutions. Overall, Carrollton stands out as a welcoming and progressive community that values economic growth, education, and a high quality of life for its residents.Fortis Net Lease is pleased to present a free-standing Beef-A-Roo located in Lebanon, IN. Rocinante Equity, Inc. recently signed a new 20-year lease which commenced on October 2022. The absolute NNN lease will require zero landlord responsibilities and 2% annual rent increases to hedge against inflation. In 2021 Beef-A-Roo reported that it's legacy/corporate stores in Illinois approached $2.9m in annual sales! At full list price, after factoring in the annual rent bumps, a new owner will receive an average unlevered annual return of 9% over the next 19 years. The tenant is responsible for all property taxes, insurance and capital expenditures including the roof, structure & HVAC. The lease is guaranteed by Rocinante Equity, Inc., a Texas Corporation, doing business as Elysian Capital and Jeffrey Love, personally.