This property is Off-Market
8718 Spring Cypress Rd
Spring, TX 77379 ·
5,625 SF · Retail For Sale
McDonald's Ground Lease
|Building Size||5,625 SF||Tenancy||Single|
|Property Type||Retail||Property on Ground Lease?||Yes|
|Property Sub-type||Restaurant||Lot Size||1.06 AC|
|Property Use Type||Net Lease Investment with 10+ years left on lease|
|Listing ID: 17622913||Date Created: 04/18/2012||Last Updated: 06/27/2012|
McDonald's Corporation (NYSE: "MCD"), together with its subsidiaries, franchises and operates McDonald's restaurants primarily in the United States, Europe, the Asia Pacific, the Middle East, and Africa. The company's restaurants offer hamburgers and cheeseburgers, Big Mac, Quarter Pounder with cheese, Filet-O-Fish, chicken sandwiches, chicken McNuggets, chicken selects, snack wraps, french fries, salads, shakes, desserts, sundaes, soft serve cones, pies, cookies, soft drinks, coffee, and other beverages, as well as full or limited breakfast menu. As of December 31, 2011, it operated 33,510 restaurants in 119 countries, including 27,075 franchised restaurants and 6,435 company operated restaurants.
For the fiscal year ended December 31, 2011, McDonald's Corporation reported revenue of $27.006 billion with net income of $5.503 billion and net worth of $14.390 billion. McDonald's Corporation is rated "A" by Standard & Poor's and is ranked #111 on the Fortune 500.
McDonald's USA, LLC, the entity on the lease, is a subsidiary of McDonald's Corporation. It had 2007 sales of $8.455 billion and employs approximately 390,000 people. More recent financials are not available.
The property is located on Spring Cypress Road, an important thoroughfare with a traffic count of 26,034 vehicles per day at the intersection. McDonald's is on an outparcel to a strip center featuring a variety of medical- and fitness-related tenants, as well as Goodwill and a salon. A new Goddard School, Autumn Grove College, and Auto Check are located behind the strip center, and Capital One occupies the remaining outlot. Directly across the street is a Kroger-anchored shopping center featuring additional tenants such as Starbucks, Wendy's, Pizza Hut, Subway, Massage Envy, and Postal Annex. Additional neighboring tenants include CVS Pharmacy, Walgreens, Ace Hardware, Wells Fargo, Comerica, Chase, Bank of America, Sprint, Taco Bell, Burger King, Coldwell Banker, Liberty Mutual, Great Clips, and AmeriPoint Title. The property is situated within one of Houston area' s premier master-planned communities with average household incomes of $121,845 within a one-mile radius.
This property is listed in conjunction with Texas-licensed Delta Commercial.
- Original 20-Year NNN Ground Lease: 15+ Years Remaining
- Fixed Rental Increases Beginning in 2017
- Corporate McDonald' s Location
- High Average Household Incomes: $121,845 within One Mile
8718 Spring Cypress Rd, Spring, TX 77379 (Harris County)
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