NEC FM 2090 & Cox St - Fast Food FOR SALE
Splendora, TX 77372 |
$2,570,000 USD
713-204-4433
NEC FM 2090 & Cox St
Splendora, TX 77372
HIGHLIGHTS
- 10% rent increases every 5 years during the initial 20-year base lease term and the 8, 5-year options.
- Lease signed by McDonald’s USA, LLC.
- 20-year base lease term with no landlord responsibilities.
- McDonald’s is under construction and rent commences upon tenant opening for business - approximately December 2025.
- The Property is positioned on a 1.874 AC parcel of land.
FOR SALE DETAILS
PRICE
$2,570,000 USD
PRICE/SF
$643 USD /SF
CAP RATE
3.85%
% LEASED
-
TENANCY
-
STATUS
Under Construction
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
0082-03-01000
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713-204-4433
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713-204-4433
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
