Contacts
Jake Prater
SRS Real Estate Partners
Matthew Mousavi
SRS Real Estate Partners
Patrick Luther
SRS Real Estate Partners
Property Details
- Property Type Retail
- Property Size 2,236 SF
- Cap Rate % 6
- Additional Rent Contact for pricing
- Date Updated Oct 22, 2024
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN Sale-Leaseback, freestanding, Chicken Express investment property located in Rowlett, Texas. The tenant, Chicken Express, will enter into a brand new 15 year lease at COE with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Chicken Express, Distribution (CEFS), is headquartered in Burleson, Texas and has over 250 locations in Texas, Arkansas, Louisiana and Oklahoma.
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Getting around
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Location
- City Rowlett, TX
- Neighborhood Northpark
- Zip Code 75088
- Market Dallas Fort Worth
Points of Interest
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Forest/Jupiter
6.37 miles
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Lake Highlands
9.55 miles
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Shell
0.10 miles
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Valero
0.86 miles
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QuikTrip
0.88 miles
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Exxon
1.61 miles
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RaceTrac
2.19 miles
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Tesla Destination Charger
5.40 miles
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Student Parking
5.10 miles
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Boat Trailer Parking
5.79 miles
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Rockwall High Parking Lot
6.38 miles
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Lot X
9.16 miles
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Lot ZZ
9.17 miles
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Lot Y
9.17 miles
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Lot Z
9.19 miles
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Lot W
9.24 miles
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Parking Garage
9.28 miles
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Lot V
9.30 miles
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Chicken Express
0.00 miles
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Jack in the Box
0.06 miles
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Taco Bell
0.08 miles
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Panda Express
0.11 miles
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McDonald's
0.12 miles
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Popeyes
0.19 miles
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Hubbard's Texas Cafe & Grill
0.20 miles
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Nick's Sports Grill
0.22 miles
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Shiny Wok
0.25 miles
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Cicis
0.25 miles
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Big Lots
0.19 miles
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Sprouts Farmers Market
0.21 miles
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ALDI
0.22 miles
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Walmart Supercenter
0.48 miles
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Target
0.65 miles
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Ross
0.70 miles
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Tom Thumb 2578
2.84 miles
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Walmart Neighborhood Market
3.19 miles
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Tom Thumb 1925
3.20 miles
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Macy's
3.74 miles
In-Depth Research Available for this Property
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