McDonald's Ground Lease
Low $2.3m Price-Point McDonald's in Houston MSA
Investment highlights
Brand New 20 Year Absolute NNN Ground Lease – Stable Cash Flow Asset – Zero Landlord Responsibilities – Eight (5-Year) Options to Renew
10% Rental Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
Corporately Guaranteed Lease by McDonald’s USA – Founded in 1940, McDonald’s is the Largest Quick Service Restaurant Chain in the World with More Than 43,000 Locations Worldwide, Generating $25.9 Billion in Revenue in 2024
New Construction, Pride of Ownership Asset Featuring McDonald’s Latest Prototype Design – a Modern and Aesthetically Pleasing Property
Intrinsic Value – Low Rent and Price Basis – Large Format Restaurant at 3,686 Square Feet on a Sizeable 1.109 Acre Parcel Containing 37 Parking Spaces and 2 Drive-Thru Lanes, Providing McDonald’s with the Ability to Effectively Handle High Restaurant Volume
High Traffic Location with Excellent Visibility – Situated at the Signalized, Hard Corner Intersection of Highway 146 and Devinwood Drive with More Than 44,000 Vehicles Per Day
Strong Demographics – Over 86,000 People within a 5-Mile Radius with Average Household Income Exceeding $138,000 Annually within a 1-Mile Radius of the Property
Tremendous Recent Growth – 38% Population Growth within a 5-Mile Radius of the Property Since the 2010 Census – Projected Growth of 6% by 2030
Strategically Positioned Directly Across from Johnny T. Clark Elementary School with More Than 680 Students Currently Enrolled
High Daytime Population of Over 24,000 Employees from Nearby Employers Such as the 1,650+ Acre Covestro Production Plant with More Than 2,000 Employees, the 12 Million+ Square Foot Katoen Natie Houston Baytown Chambers Logistics Terminal, the Dual Rail-Served, 1,200 Acre Ameriport Industrial Park, and the 3,400 Acre ExxonMobil Baytown Complex with More Than 10,000 Personnel That Generates Over $7 Billion Annually for the Local Economy
Tremendous Multi-Family Density with More Than 9,800 Apartment Units within a 5-Mile Radius of the Property
Texas is an Income Tax Free State with a Strong Economy, Providing an Ideal Location for a 1031 Exchange Asset
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