2700 Faithon P Lucas SR Blvd - Fast Food FOR SALE


Mesquite, TX 75181- Greater Mesquite
$2,637,000 USD
214-560-6900
2700 Faithon P Lucas SR Blvd, Mesquite, TX for Sale
$2,637,000 USD
Fast Food - FOR SALE
1/12
null | 3.65% Cap Rate

2700 Faithon P Lucas SR Blvd
Mesquite, TX 75181
Greater Mesquite


HIGHLIGHTS

  • 18+ Years Remaining | Options To Extend | Scheduled Rental Increases
  • NNN Lease | Leased Fee Ownership | Minimal Landlord Responsibilities
  • Part Of Shadow Creek Crossing | Across From New Walmart | Only Drive-Thru QSR Within 2 Miles | Proximity To High Schools
  • High Growth Corridor | Solterra Community (3,900 Homes) |Dallas-Fort Worth MSA
  • Signalized, Hard Corner Intersection | Future Traffic Growth |Proximity To Interstates | Excellent Visibility & Access
  • Strong Demographics In The Immediate Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in a NNN leased, McDonald’s investment property located in Mesquite, TX. The tenant, McDonald’s, has over 18 years of initial term remaining with 8 (5-year) options to extend, demonstrating its 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, providing a hedge against inflation while steadily growing NOI. The lease is NNN with minimal landlord responsibilities, making it an ideal, low management investment opportunity for a passive investor. The location ranks in the top 67th percentile nationwide according to CenterCheck, which analyzes credit card data to rank brand locations.

FOR SALE DETAILS

PRICE

$2,637,000 USD

PRICE/SF

$593 USD /SF

CAP RATE

3.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

McDonald's | NNN Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,954 SF

ZONING

GR

APN/PARCEL ID

38177510010020000

ASK ABOUT THIS PROPERTY

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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