SEQ Beltway 8 & Pearland Pkwy - Freestanding FOR SALE


Houston, TX 77089- Southbelt-Ellington
$2,625,000 USD
858-373-3184
SEQ Beltway 8 & Pearland Pkwy, Houston, TX for Sale
$2,625,000 USD
Freestanding - FOR SALE
1/6
null | 4% Cap Rate

SEQ Beltway 8 & Pearland Pkwy
Houston, TX 77089
Southbelt-Ellington


HIGHLIGHTS

  • 20 Year Absolute Net Ground Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • Prime Signalized Hard Corner Location along Pearland Parkway – Situated at a Major Lighted Intersection.
  • McDonald’s (NYSE: MCD) is Ranked #165 on the Fortune 500 List, Features Investment Grade Credit Rating “BBB+” by S&P’s.
  • Part of Houston’s Expanding Southeast Growth Corridor – Pearland and Southeast Houston are Among the Metro’s Top Submarkets.
  • Immediate Access to/from Beltway 8 / Sam Houston Tollway (85k+ VPD) and Near Interstate 45 – Easy Regional Access to Major Houston Employment Centers.
  • Densely Populated and Affluent Area: Average Household Income of $95k+ within a 3-Mile Radius and over 236k People Residing within a 5-Mile Radius.

OVERVIEW

McDonald’s w/ Dual Drive Thru | 20 Year Absolute Net Ground Lease | Immediate Area Experiencing Major Growth | Across Target Anchored Retail Center | Densely Populated & Affluent Area | Prime Signalized Hard Corner Location | Part of Houston’s Expanding Southeast Growth Corridor | Immediate Access to/from Beltway 8 / Sam Houston Tollway and Near Interstate 45

FOR SALE DETAILS

PRICE

$2,625,000 USD

PRICE/SF

$613 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MCDONALD'S W/ DUAL DR-THRU | 20YR NNN GROUND

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,841 SF

ZONING

-

APN/PARCEL ID

1271710010005

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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