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McDonald's 11801 S Highway 6

4,450 SF Retail Building Sugar Land, TX 77498 £2,364,212 (£531/SF) 3.65% Net Initial Yield

Investment Highlights

  • New 20-year absolute NNN ground lease with scheduled rental increases every five years in initial term and option periods
  • McDonald’s (NYSE: “MCD”) is the world’s largest chain of hamburger fast food restaurants, serving over 69 million customers daily
  • New high-quality 2024 construction in a tax-free state, built to McDonalds’ latest prototype and featuring a dedicated drive-thru
  • Absolute NNN lease requires no landlord management, ideal for a passive investor
  • McDonald’s is an investment grade tenant, with a “BBB+” credit rating from Standard & Poor’s and a “Baa1” credit rating from Moody’s

Executive Summary

This McDonald’s is strategically positioned just off the signalized intersection of Addicks-Howell Road & Voss Road, with access to a combined 66,235 vehicles per day. Ideal location with proximity to several well attended area schools, including I.H. Kempner High School (1,945 students), Stephen F Austin High School (1,448 students), Macario Garcia Middle School (1,401 students), and Rita Drabek Elementary School (672 students). 1.4 miles from Sugar Land Regional Airport (90,000+ annual takeoffs and landings). The average annual household income within one mile of the site is $144,090, providing an affluent customer base for the site. 330,6636 residents live within 5five miles of the site, creating a stable customer base for the site. This McDonald’s is less than 25 miles from Downtown Houston, the fourth-most populous city in the U.S. with a metro area population of 6,707,000.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,450 SF
Building Class
B
Year Built
2024
Price
£2,364,212
Price Per SF
£531
Net Initial Yield
3.65%
NOI
£86,285
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Land Acres
1.05 AC
Parking
47 Spaces (10.56 Spaces per 1,000 SF Leased)

Amenities

  • Drive Thru
  • Listing ID: 33998210

  • Date on Market: 25/11/2024

  • Last Updated:

  • Address: 11801 S Highway 6, Sugar Land, TX 77498

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