305 Williams Rd - Fast Food FOR SALE


Salado, TX 76571
$2,875,000 USD
949-506-2009
305 Williams Rd, Salado, TX for Sale
$2,875,000 USD
Fast Food - FOR SALE
1/8
null | 4% Cap Rate

305 Williams Rd
Salado, TX 76571


HIGHLIGHTS

  • Corporate Signed Ground Lease | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, McDonald’s investment property located in Salado, Texas. The tenant, McDonald’s, recently signed a brand new 20-year lease with 8 (5-year) options to extend, demonstrating their 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, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,875,000 USD

PRICE/SF

$775 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

McDonald's | 19yr+ Corp Abs NNN Grd Lse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

LR

APN/PARCEL ID

151035

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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