11801 S Highway 6 - Fast Food FOR SALE
Sugar Land, TX 77498 |
11801 S Highway 6
Sugar Land, TX 77498
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
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
McDonald's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
4450
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
47
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
0032-00-000-0349-907
