3233 Meridiana Pky - Retail FOR SALE


Rosharon, TX 77583
$2,866,666 USD
713-623-6944
3233 Meridiana Pky, Rosharon, TX for Sale
$2,866,666 USD
Retail - FOR SALE
1/1
null | 3.75% Cap Rate

3233 Meridiana Pky
Rosharon, TX 77583


HIGHLIGHTS

  • High end suburban home construction provides tenants with favorable population demographics
  • Located along Highway 288, a major thoroughfare connecting the city of Houston and many of its suburbs

OVERVIEW

Hunington is excited to present for sale the fee simple interest in a brand-new McDonald’s drive-thru/pickup location (referred to as the “property”) situated in Rosharon, Texas. This property will be leased to McDonald’s USA, LLC (“McDonald’s”), a global giant in the fast-food industry boasting a staggering 41,822 locations worldwide and annual revenues totaling $25.49 billion. Under the terms of the agreement, McDonald’s will operate under a triple net lease structure, offering a primary lease term of fifteen years with a ten percent (10%) rental increase every eight years. The offering presents an exceptional opportunity to acquire a newly constructed drive-thru/pickup facility, complete with a lobby. Nestled within an established master-planned community and a thriving retail corridor, this property enjoys convenient highway access and frontage. Moreover, it’s leased to an investment-grade, industry-leading tenant, making it an attractive investment prospect.

FOR SALE DETAILS

PRICE

$2,866,666 USD

PRICE/SF

$778 USD /SF

CAP RATE

3.75%

% LEASED

-

TENANCY

Single

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McDonald’s at Sterling Lakes

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jonathan AronHunington Properties, Inc.More Info
713-623-6944

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Jonathan AronHunington Properties, Inc.More Info
713-623-6944

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