La Marque, TX - McDonald's

Description:

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 La Marque, 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.

The McDonald’s is located near the signalized, hard corner intersection of Interstate 45 and FM 1764 which combine to average over 85,800 vehicles passing by daily. Interstate 45, is the major retail thoroughfare serving the city of La Marque. The McDonald’s is an outparcel to a large future development site that also features national/credit tenants including Raising Cane’s, Chipotle, Salad & Go, Quick Quack Car Wash, and Valvoline pads. The asset is across the street from a Walmart Supercenter and Sam’s Club anchored center featuring other national/credit tenants such as Jersey Mike’s, Wingstop, Sonic, IHOP, and others. The site is located near the Tangers Outlets, which features tenants including Nike, Skechers, Ralph Lauren, PacSun and others. The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Whataburger, Starbucks, Taco Bell, and more, further increasing consumer traffic to the site. The 5-mile trade area is supported by a population of over 86,900 residents and 20,600 employees with an average household income of $107,691 within 3 miles.