Golden Chick - Rowlett, TX
Retail | 5.75% CAP | 3,861 SqFt
Marketing 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.
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
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