12559 W Lake Houston Pky
Houston, TX 77044
Retail Property For Sale

The offering is a brand new 20-year absolute net ground lease to McDonald’s, located just off of Beltway 8 (95,000 VPD), a high traffic location in the Summerwood neighborhood of Houston. The site is located within Summerwood Village, a HEB and The Home Depot anchored shopping center totaling over 200,000 square feet. The McDonald’s site offers excellent drive-thru access with the ability to stack numerous cars, and easy ingress and egress. The lease has zero landlord expense responsibilities and 10% rental increases every 5 years. McDonald’s continues to be the most well-known quick service restaurant chain worldwide with impressive 2018 financial results. In 2018, global sales increased 4.5% and U.S. sales increased 2.3%, reflecting positive comparable sales across all segments. Located off of West Lake Houston Parkway northeast of downtown Houston, Summerwood is a vibrant part of Houston’s expanding northeast corridor and with average household incomes in excess of $140,000 within a one mile radius, it is one of the more affluent sectors within Houston. Summerwood encompasses 1,500 acres enhanced by a community center with a pool and tennis courts, a picturesque lake, walking trails, and a park and playground. Fine shopping and dining are an integral part of Summerwood along with recognized Humble ISD schools.