---
title: "Marcus & Millichap brokers $7.5 million sale of net-leased Fogo de Chao restaurant in Katy, Texas"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296406180.md"
description: "Marcus & Millichap brokered the $7.5 million sale of a net-leased Fogo de Chão restaurant in Katy, Texas. The 8,573-square-foot asset, built in 2017, was sold for $874.84 per square foot. A California investor purchased the property via an all-cash 1031 exchange from a developer. The site features a triple-net lease with over 13 years remaining, and the buyer intends to hold it long-term."
datetime: "2026-08-19T22:11:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296406180.md)
  - [en](https://longbridge.com/en/news/296406180.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296406180.md)
generator: "portal-rs"
---

# Marcus & Millichap brokers $7.5 million sale of net-leased Fogo de Chao restaurant in Katy, Texas

-   Marcus & Millichap brokered the sale of a net-leased Fogo de Chão restaurant property in Katy, Texas for $7.5 million. \* Deal valued the 8,573-square-foot asset at $874.84 per square foot; the restaurant was built in 2017 on 1.5 acres. \* Buyer was a California investor completing an all-cash 1031 exchange; seller was a developer. \* Property carries a triple-net lease with more than 13 years remaining; buyer plans to hold it long term. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**