Property details
McDonald's Ground Lease | Income Tax-Free State, Southwest Region
Property Description
McDonald's Ground Lease | Income Tax-Free State
McDonald's Ground Lease | Income Tax-Free State
McDonalds 20-year ground lease w/ 15 % increases every 5 years with McDonalds just opened.
Brand-new corporate McDonald’s Ground lease.
This is located at a hard signalized corner near a major Interstate Highway and a 20,000+ student University.
An H-E-B grocery ,one block east of this McDonald's, is the #3 most visited grocery store in the entire nation with 3.6M annual visits.
Great location dynamics.
20 Year Corporate Ground Lease w/ 10% rent increases every 5 years , including 50 years of renewal options.
The site is larger than your typical McDonald’s parcel at nearly 1.6 acres – about 1.4 times the average McDs on the market.
Images
Highlights
- Status:
- Available
- Price:
- $3,230,000
- Cap Rate:
- 3.87%
- Annual Rent:
- $125,000
Property Information
- Property Type:
- Ground Lease
- Industry Type:
- Restaurant
- Units/Spaces:
- 1
- Year Built:
- 2025
- Land Area:
- 1.58 acres
- Purchase Tenure:
- Fee Simple
Lease information
- Tenant:
- McDonald's Ground Lease | Income Tax-Free State
- Lease Type:
- NNN
- Lease Commencement:
- 05/04/1970
- Lease Expiration:
- 05/04/2025
- Lease Term:
- 55 years
- Lease Remaining:
- 20.0 years
- Landlord Responsibilities:
- NNN
- Options:
- None
Existing financing information
- N/A
The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.