$3,900,000 USD
858-373-3184
8221 W State Highway 29
Georgetown, TX 78628
Georgetown-Leander
HIGHLIGHTS
- 19+ Year Absolute Net Ground Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Positioned Along Area’s Traffic & Retail Corridor - Features Easy Access & Excellent Visibility - Located at a Major Intersection.
- McDonald’s (NYSE: MCD) is Ranked #165 on the Fortune 500 List, Features Investment Grade Credit Rating “BBB+” by S&P’s.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
- Within Bar W Marketplace - a 189,587 SF Neighborhood Community Shopping Center Anchored by a Highly Successful H-E-B Grocery.
- Affluent Area: Features an Average Household Income of more than $164k+ within a 1-Mile Radius.
OVERVIEW
McDonald’s w/ Dual Drive Thru | 19+ Year Absolute Net Ground Lease | Immediate Area Experiencing Major Growth | Affluent Location: $164k+ Avg. HHI | Within Bar W Marketplace: 189k+ SF Neighborhood Community Shopping Center | Austin Currently Ranks as the Fastest Growing Metro out of the 50 Largest U.S. Metros
FOR SALE DETAILS
PRICE
$3,900,000 USD
PRICE/SF
$909 USD /SF
CAP RATE
3.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
MCDONALD'S W/ DUAL DR-THRU | NNN GROUND LEASE
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.54 AC
LAND SF
67,082 SF
ZONING
-
APN/PARCEL ID
R600641
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858-373-3184
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858-373-3184
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
