Ace Hardware

Single-tenant net-leased Ace Hardware investment.

3510 North Monroe Street is a stable, income-producing retail asset offered as a sale-leaseback with Ace Hardware — one of the nation's largest and most recognized hardware brands. The property is secured by a long-term lease with approximately nine years remaining, featuring 10% rent increases every five years and three five-year renewal options for predictable, growing cash flow. The landlord's responsibility is clearly defined and limited to roof and structure. While Ace is a national brand, the lease is held by a long-standing local franchisee that has served the Lake Jackson community for over fifteen years.