12 Cuts Brazilian Steakhouse
12 Cuts Brazilian Steakhouse signed a 10-year absolute net lease for a 7,432 SF retail asset with zero landlord responsibilities located along the Dallas North Tollway within an affluent submarket of Dallas, Texas. Positioned on 1.30 acres of land, the Property is approximately 20 minutes north of Downtown Dallas and 20 minutes east of Dallas Fort Worth International Airport. 12 Cuts Brazilian Steakhouse has 7+ years of primary lease term remaining through October 2029 and two, 5-year renewal options at market rent. The Property features strong demographics, excellent visibility along the Dallas North Tollway, partial masonry construction, multiple ingress/egress points and a digital LED monument sign with masonry facade. In 2019, a new roof was installed on the Property. 12 Cuts Brazilian Steakhouse benefits from average household income of $110,200, $106,200 & 108,000 in a 1, 3 & 5 mile radii, respectively. Opened in 2019, owners Juarez DeConto, Alda Boiani and De Jair Zuliani created their own version of the churrascaria experience with South American flair focusing on sourcing the freshest ingredients for their prime cuts of meat, organic salad bar offerings, specialty sides and homemade dessert. 12 Cuts Brazilian Steakhouse experiences robust sales with a healthy rent-to-sale ratio and is operated by private ownership group with over 20 years of experience in the restaurant industry.*
*To receive Tenant's historical sales, please contact broker for confidentiality agreement.