Midland, TX - McDonald's
$2,933,000
SWC W. Missouri Avenue & S. Garfield Street, Midland, TX 79701
3.75
Cap Rate
110,000
NOI
Details:
Description:
• McDonald’s Corporate signed lease
• 20 years remaining with 8 (5-year) option periods to extend
• The lease features 10% rental increases every 5 years of the initial term and at the beginning of each option period
• The subject property is located near Town & Country Shopping Center, a Planet Fitness anchored center that features other national/credit tenants such as Dollar Tree, O’Reilly Auto Parts, Harbor Freight, Take 5 Oil Change, and HTeaO, and more
• Less than 1.5 miles from Midland High School, which has over 2,300 enrolled students
• Approximately half a mile from Midland Memorial Hospital, a 474-bed medical center
• Strong tenant synergy promotes crossover shopping to the subject property
Location
Gallery
