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McDonald's - Splendora, TX NEC FM 2090 & Cox St 4,000 SF 4-Star Retail Building Splendora, TX 77372 $2,588,000 ($647/SF) 4.25% Cap Rate
Investment Highlights
- 10% rent increases every 5 years during the initial 20-year base lease term and the 8, 5-year options.
- 20-year base lease term with no landlord responsibilities.
- The Property is positioned on a 1.874 AC parcel of land.
- Lease signed by McDonald’s USA, LLC.
- McDonald’s was recently constructed and rent commenced September 2025.
Executive Summary
The Blue Ox Group is pleased to offer the opportunity to acquire the fee simple interest (Land ownership) in an absolute NNN leased, McDonald’s investment property located in Splendora, TX (Houston MSA). The Tenant, McDonald’s recently signed a brand new, long-term, 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 each option period. This attractive rent structure and steadily growing NOI hedges against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment for the passive investor.
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Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,000 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$2,588,000
Price Per SF
$647
Cap Rate
4.25%
NOI
$110,000
Tenancy
Single
Building Height
1 Story
Frontage
247’ on Farm to Market Road 2090
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0082-03-01000 | Improvements Assessment | $51,090 |
| Land Assessment | $147,250 | Total Assessment | $198,340 |
Property Taxes
Parcel Number
0082-03-01000
Land Assessment
$147,250
Improvements Assessment
$51,090
Total Assessment
$198,340
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