8221 W State Highway 29 - Fast Food FOR SALE
Georgetown, TX 78628 |
8221 W State Highway 29
Georgetown, TX 78628
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.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
MCDONALD'S W/ DUAL DR-THRU | NNN GROUND LEASE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
4462
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
R600641
