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Chicken Express - Rowlett, TX 5501 Rowlett Rd 2,236 SF Retail Building Rowlett, TX 75089 $3,857,280 CAD ($1,725.08 CAD/SF) 6% Cap Rate
Investment Highlights
- New 15-year Absolute Triple Net (NNN) sale-leaseback with no landlord responsibilities, providing passive ownership and predictable long-term income.
- Operated by Brohon, Inc., an experienced Chicken Express franchisee with more than 23 years of operating history within the brand.
- ~70,000 residents live within 3 miles of the property and more than 219,000 within 5 miles, with median household income exceeding $102,000.
- Structured rent escalations of 10% every 5 years ensure strong long-term income growth.
- Rent was underwritten against actual unit-level operating results rather than set to maximize sale proceeds.
- Rowlett's population reached ~67,900 in 2025, representing 8.5% growth from its 2020 base, in a lakefront community on Lake Ray Hubbard.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 2,236 SF Chicken Express located at 5501 Rowlett Road in Rowlett, TX. The property features a new 15-year Absolute Triple Net (NNN) sale-leaseback with no landlord responsibilities, providing passive ownership, predictable long-term income, and a low-management investment opportunity.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
2,236 SF
Building Class
B
Year Built/Renovated
1997/2019
Price
$3,857,280 CAD
Price Per SF
$1,725.08 CAD
Cap Rate
6%
NOI
$231,437 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.60 AC
Zoning
C2 - Central Commerical Zone
Parking
29 Spaces (12.97 Spaces per 1,000 SF Leased)
Frontage
145’ on Rowlett Rd
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Chicken Express
- Accommodation and Food Services
- 2,236 SF
- $103.50 CAD
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Chicken Express | Accommodation and Food Services | 2,236 SF | $103.50 CAD | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 440083000A0020000 | Improvements Assessment | $625,197 CAD |
| Land Assessment | $287,117 CAD | Total Assessment | $912,314 CAD |
Property Taxes
Parcel Number
440083000A0020000
Land Assessment
$287,117 CAD
Improvements Assessment
$625,197 CAD
Total Assessment
$912,314 CAD
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Chicken Express - Rowlett, TX | 5501 Rowlett Rd
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