Valvoline - Katy, TX
24702 Morton Ranch Rd, Katy, TX, 77493, US
HK$19,340,000 | 2,089 sf
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present for sale the single-tenant Golden Chick property located at 9103 Lakeview Pkwy, Rowlett, TX 75088 (the “Property” or “Asset”). GFC Leasing Corp., LLC. (the “Tenant”) will operate under a single master lease with a new 15-year absolute NNN term, 1.50% annual rental escalations, four 5-year renewal options, and zero landlord responsibilities.
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Attributes
Asking price
HK$24,847,000
Cap rate
5.75%
Remaining lease term
15 years
NOI
HK$1,429,000
Lease type
Absolute Triple Net
Building area net
3,861 sf
Year built
2020
Media
Investment Highlights
- 15 year Golden Chick with corporate guaranty and 1.5% rent escalations annually
- Absolute NNN lease with zero landlord responsibilities
- High growth tenancy with 210 locations nationwide
- Dense population of over 251K+ just 15 miles from downtown Dallas
- Affluent demographics with AHHI of $141K within a 3-mile radius
- A population growth of 29.7% since 2010
- #1 metro for projected population growth
Contact brokers
Golden Chick - Rowlett, TX (0 Properties)
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Last updated
2 Feb 2026
