
Whataburger - Katy, TX
24710 Morton Ranch Rd, Katy, TX, 77493, US
HK$23,310,000 | 3,305 平方呎
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present for sale the single-tenant Cracker Barrel (the "Tenant") located in Houston, TX (the "Property" or "Asset"). The Tenant executed a 20-year absolute NNN lease with 1.00% annual rental escalations in 2020. The lease has 15 years remaining with three, 5-year renewal options.
This offering presents the opportunity to acquire a high-demand asset with zero landlord obligations in the dynamic and rapidly growing Houston market. As a prime infill location surrounded by strong demographics, the property capitalizes on the area's dense residential population and high average household income, making it an exceptional investment in one of the nation's most strategic retail corridors.