Restaurant For Sale • 14,000 SF
New Construction: New 20-Year Absolute Net Ground Lease With Zero Landlord Responsibilities |
Across From Brand-New Walmart: Under Construction Walmart With Projected Opening in 2025 |
McDonald’s (NYSE: MCD): Ranked #169 on Fortune 500 List With Investment Grade Credit Rating of “BBB+” |
Annual Revenue: McDonald’s Exceeds $23.1 Billion in Annual Revenue |
Densely Populated, Affluent Area: Houston MSA With an Average House Income Exceeding $155,000 Within a 3-Mile Radius |
Growing Population: Annual Growth Within a 1-Mile Radius is 2.4% From 2020-2024 (60% Higher Than the State Average) |
Cap Rate: | 3.75 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
McDonald's | 3,694 SF | 12/31/2044 |
Airport | Drive | Walk | Distance |
---|---|---|---|
George Bush Intcntl/Houston | 42 min | - | 28.3 mi |