18381 FM 306 - Retail FOR SALE
Canyon Lake, TX 78133 |
18381 FM 306
Canyon Lake, TX 78133
HIGHLIGHTS
- New 20-year absolute NNN ground lease to McDonald’s, an investment-grade, industry-leading quick service restaurant (NYSE: “MCD”).
- 10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth
- McDonald’s USA, LLC operates over 14,300 locations nationwide and has an S&P credit rating of “BBB+”.
- McDonald’s global systemwide sales passed $130 billion for the full year in 2024.
- Systemwide sales in Q2 were up 8% year-over-year, reflecting expansion in same-store sales + new store growth.
- Exceedingly low NOI of $65K for a McDonald’s location.
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 | San Antonio MSA
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
2500
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
56-0940-0002-00
