16522 Nacogdoches Rd - Retail FOR SALE
San Antonio, TX 78247 |
16522 Nacogdoches Rd
San Antonio, TX 78247
HIGHLIGHTS
- New 20-year absolute NNN ground lease with 10% rental increases every five years in initial term and option periods
- Requires no landlord management, an ideal investment for an out-of-area buyer
- 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 2023 construction built to latest McDonald’s prototype
- Site features a dual-lane drive-thru for added customer convenience
- McDonald’s (NYSE: “MCD”) is the world’s largest chain of hamburger fast food restaurants, serving over 69 million customers daily
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
McDonald's Ground Lease
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Fast Food, Freestanding, Restaurant
TOTAL BUILDING SIZE
4226
STORIES
1
YEAR BUILT
2023
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
16587-014-0080
