2701 FM1764 - Fast Food FOR SALE


Texas City, TX 77568
$3,250,000 USD
415-852-5177
2701 FM1764, Texas City, TX for Sale
$3,250,000 USD
Fast Food - FOR SALE
1/8
null | 4% Cap Rate

2701 FM1764
Texas City, TX 77568


HIGHLIGHTS

  • New 20-year absolute NNN ground lease with McDonald's, a globally recognized brand.
  • 10% rental increases every five (5) years in initial term and option periods, providing a passive long-term income generator.
  • No landlord responsibilities, making this an ideal opportunity for passive investors.
  • McDonald's USA, LLC operates over 13,500 locations nationwide and has an S&P credit rating of "BBB+"

OVERVIEW

This McDonald's is prominently positioned just off Interstate 45, which sees more than 89,000 vehicles per day Prime Setting: The location features a prime setting in the newly constructed Shops at La Marque, a 21-acre retail development along Interstate 45 in the retail epicenter of La Marque, TX Major Retail Corridor: The site greatly benefits from its adjacency to Mainland City Center, a 750,000 SF mall featuring the country’s largest World Gym, 33 fully furnished executive suites, Mainland City Suites, education facilities, and nine award-winning restaurants Beneficial Proximity to Major Community Hubs: The property resides two miles from the entry to Lago Mar, a 2,033-acre master-planned community featuring 4,000 homes and 14,000 residents, and 3.5 miles from HCA Houston Healthcare Mainland (222 beds, 925 employees) Excellent Demographics: Nearly 85,000 residents live within a five-mile radius of the subject property, while the average annual household income within a one-mile radius is over $126,000 High Growth Market: Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise McDonald's and La Marque for steady concurrent growth. Sources

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$855 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McDonald's Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

GC

APN/PARCEL ID

7385-0000-0015-005

ASK ABOUT THIS PROPERTY

Michael YurasCushman & WakefieldMore Info
415-852-5177

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Michael YurasCushman & WakefieldMore Info
415-852-5177

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