McDonald's Ground Lease

Highlights:

• Brand New 20 Year Absolute NNN Ground Lease – Stable Cash Flow Asset – Zero Landlord Responsibilities – Eight (5-Year) Options to Renew
• 10% Rental Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
• Corporately Guaranteed Lease by McDonald’s USA – Founded in 1940, McDonald’s is the Largest Quick Service Restaurant Chain in the World with More Than 43,000 Locations Worldwide, Generating $25.9 Billion in Revenue in 2024
• New Construction, Pride of Ownership Asset Featuring McDonald’s Latest Prototype Design – a Modern and Aesthetically Pleasing Property
• Intrinsic Value – Low Rent and Price Basis – Large Format Restaurant at 3,686 Square Feet on a Sizeable 1.109 Acre Parcel Containing 37 Parking Spaces and 2 Drive-Thru Lanes, Providing McDonald’s with the Ability to Effectively Handle High Restaurant Volume
• High Traffic Location with Excellent Visibility – Situated at the Signalized, Hard Corner Intersection of Highway 146 and Devinwood Drive with More Than 44,000 Vehicles Per Day
• Strong Demographics – Over 86,000 People within a 5-Mile Radius with Average Household Income Exceeding $138,000 Annually within a 1-Mile Radius of the Property
• Tremendous Recent Growth – 38% Population Growth within a 5-Mile Radius of the Property Since the 2010 Census – Projected Growth of 6% by 2030
• Strategically Positioned Directly Across from Johnny T. Clark Elementary School with More Than 680 Students Currently Enrolled
• High Daytime Population of Over 24,000 Employees from Nearby Employers Such as the 1,650+ Acre Covestro Production Plant with More Than 2,000 Employees, the 12 Million+ Square Foot Katoen Natie Houston Baytown Chambers Logistics Terminal, the Dual Rail-Served, 1,200 Acre Ameriport Industrial Park, and the 3,400 Acre ExxonMobil Baytown Complex with More Than 10,000 Personnel That Generates Over $7 Billion Annually for the Local Economy
• Tremendous Multi-Family Density with More Than 9,800 Apartment Units within a 5-Mile Radius of the Property
• Texas is an Income Tax Free State with a Strong Economy, Providing an Ideal Location for a 1031 Exchange Asset

Documents: