New 30-year lease, begins 11/1/2026
Absolute NNN lease with zero landlord responsibilities
Attractive 2% annual rent increases
Subject property qualifies for bonus depreciation (consult your CPA for confirmation)
5-Mile Population in excess of 255,622 residents
Extremely strong average household income of $142,726 annually
Houston is the #1 fastest growing MSA in the United States and the 4th largest city by population
Texas is an income tax-free state
Nearby national tenants include Target, Walmart, Chick Fil A, The Home Depot, McDonald’s, Raising Cane’s, and many more
Q&S Enterprises operates 32 locations across Texas, Oklahoma, Iowa, and Utah which is an increase from 15 locations at the beginning of 2026 and expect to operate over 40 by EOY
Q&S Enterprises is also a multi-unit Golden Chick and Church’s Chicken franchisee
Q&S Enterprises has no corporate debt allowing financial flexibility to continue expansion

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Phillips 66