Einstein Bros. Bagels, Rusty Taco & The Juice Bar
Einstein Bros. Bagels, Rusty Taco & The Juice Bar is a highly desirable infill retail asset located in one of the most affluent, high barriers to entry submarkets of Dallas, Texas. Positioned on 0.68 acres of land off the intersection of Inwood Road and Forest Lane, the Property is adjacent to the prestigious Preston Hollow neighborhood and just 15 minutes north of Downtown Dallas. Einstein Bros. Bagels, Rusty Taco & The Juice Bar boasts a compelling tenant lineup with proven operating history including Einstein Bros. Bagels, Rusty Taco and The Juice Bar, all of which are original tenants since 2014. Weighted average GLA base lease term expiration is January 2028 with two of three tenants experiencing rent escalations during their primary lease terms. Einstein Bros. Bagels is the largest bagel retailer in the nation with over 700 locations across 40 states. In addition, the Rusty Taco restaurant chain was acquired in 2018 by Inspire Brands whose portfolio includes more than 10,500 Arby’s, Buffalo Wild Wings, Sonic, Jimmy John’s and Rusty Taco locations. The Property is positioned parallel to Inwood Road with desirable construction, shallow bay depth and an average suite size of 1,867 square feet providing long term residual value.