SWC. Farm to Market Road 1764 & 2002 - Restaurant FOR SALE


La Marque, TX 77568
$3,333,000 USD
480-221-4221
SWC. Farm to Market Road 1764 & 2002, La Marque, TX for Sale
$3,333,000 USD
Restaurant - FOR SALE
1/9
null | 3.9% Cap Rate

SWC. Farm to Market Road 1764 & 2002
La Marque, TX 77568


HIGHLIGHTS

  • New 20-Year Ground Lease | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Future Development Area | Across From Walmart Supercenter | Tangers Outlets
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, McDonald’s investment property located in La Marque, Texas. The tenant, McDonald’s recently signed a brand new 20 year lease with 8 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$3,333,000 USD

PRICE/SF

$877 USD /SF

CAP RATE

3.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McDonald's | New 20yr Abs NNN Grd Lse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

GC

APN/PARCEL ID

7385-0000-0015-005

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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