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McDonald's | 19yr+ Corp Abs NNN Grd Lse 305 Williams Rd 3,711 SF Retail Building Salado, TX 76571 $2,674,000 ($720.56/SF) 4.30% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Signed Ground Lease | Options To Extend | Scheduled Rental Increases
- Strong Demographics In 5-Mile Trade Area
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
EXECUTIVE SUMMARY
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, McDonald’s investment property located in Salado, Texas. The tenant, McDonald’s, recently signed a brand new 20-year lease with 8 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
3,711 SF
Building Class
B
Year Built
2024
Price
$2,674,000
Price Per SF
$720.56
Cap Rate
4.30%
NOI
$114,982
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.59 AC
Zoning
LR - Local Retail
Parking
41 Spaces (11.05 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Restaurant
- Signage
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- McDonald's
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| McDonald's | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
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McDonald's | 19yr+ Corp Abs NNN Grd Lse | 305 Williams Rd
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