
1111 Studewood
1111 Studewood Street, Houston, TX, 77008, US
1,301 제곱미터
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the single-tenant Valvoline at 24702 Morton Ranch Road in Katy, Texas (“Property” or “Asset”). The Property is operating on a corporate absolute NNN ground lease with 15.0 years of primary lease term, 10.0% rent escalations every 5 years and four, five-year options. Valvoline is the #2 largest oil change chain in the world with 18 consecutive years of system-wide same-store sales growth.

