11801 S Highway 6 - Fast Food FOR SALE


Sugar Land, TX 77498- Cullinan Park
$3,014,000 USD
415-481-0788
11801 S Highway 6, Sugar Land, TX for Sale
$3,014,000 USD
Fast Food - FOR SALE
1/6
null | 3.65% Cap Rate

11801 S Highway 6
Sugar Land, TX 77498
Cullinan Park


HIGHLIGHTS

  • New 20-year absolute NNN ground lease with scheduled rental increases every five years in initial term and option periods
  • Absolute NNN lease requires no landlord management, ideal for a passive investor
  • McDonald’s (NYSE: “MCD”) is the world’s largest chain of hamburger fast food restaurants, serving over 69 million customers daily
  • McDonald’s is an investment grade tenant, with a “BBB+” credit rating from Standard & Poor’s and a “Baa1” credit rating from Moody’s
  • New high-quality 2024 construction in a tax-free state, built to McDonalds’ latest prototype and featuring a dedicated drive-thru

OVERVIEW

This McDonald’s is strategically positioned just off the signalized intersection of Addicks-Howell Road & Voss Road, with access to a combined 66,235 vehicles per day. Ideal location with proximity to several well attended area schools, including I.H. Kempner High School (1,945 students), Stephen F Austin High School (1,448 students), Macario Garcia Middle School (1,401 students), and Rita Drabek Elementary School (672 students). 1.4 miles from Sugar Land Regional Airport (90,000+ annual takeoffs and landings). The average annual household income within one mile of the site is $144,090, providing an affluent customer base for the site. 330,6636 residents live within 5five miles of the site, creating a stable customer base for the site. This McDonald’s is less than 25 miles from Downtown Houston, the fourth-most populous city in the U.S. with a metro area population of 6,707,000.

FOR SALE DETAILS

PRICE

$3,014,000 USD

PRICE/SF

$677 USD /SF

CAP RATE

3.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McDonald's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-481-0788

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Michael YurasCushman & WakefieldMore Info
415-481-0788

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.