NEC League City Pkwy & Bay Area Blvd - Retail FOR SALE


League City, TX 77573
$2,933,000 USD
713-204-4433
NEC League City Pkwy & Bay Area Blvd, League City, TX for Sale
$2,933,000 USD
Retail - FOR SALE
1/3
null | 3.85% Cap Rate

NEC League City Pkwy & Bay Area Blvd
League City, TX 77573


OVERVIEW

LONG TERM, ABSOLUTE NNN LEASE 20-year base lease term with no landlord responsibilities. 10% RENTAL ESCALATIONS 10% rent increases every 5 years during the initial 20-year base lease term and the 8, 5-year options. CORPORATE GROUND LEASE Lease signed by McDonald’s USA, LLC BRAND NEW CONSTRUCTION McDonald’s is newly constructed with an estimated opening of approximately July 2025. Rent commences July 2025. LOCATED IN HIGH GROWTH AREA Growth to the west and south of the site along with the continued development of the Grand Parkway transform this intersection to be a main & main of the trade area.

FOR SALE DETAILS

PRICE

$2,933,000 USD

PRICE/SF

$652 USD /SF

CAP RATE

3.85%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McDonald's - League City, TX

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,362 SF

ZONING

-

APN/PARCEL ID

4896-0001-0001-000

ASK ABOUT THIS PROPERTY

Joshua JacobsThe Blue Ox GroupMore Info
713-204-4433

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Joshua JacobsThe Blue Ox GroupMore Info
713-204-4433

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