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20310 US Highway 59
New Caney, TX 77357

McDonald's (Ground Lease) · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,967 SF
Building Class
B
Year Built
2018
Tenancy
Multiple
Number of Floors
1
Building FAR
0.12
Lot Size
0.79 AC

About 20310 US Highway 59 , New Caney, TX 77357

The McDonald’s property is strategically located immediately off of Highway 59 (50,206 VPD) where it has excellent visibility and easy access. Highway 59 is a primary north-south thoroughfare that leads to Houston. The property is located at a newly constructed intersection bypass that further enhances access. A pole sign over 100’ tall maximizes visibility. The property is an outparcel to a new construction Walmart Supercenter and near other retailers including Walgreens, Chase, Taco Bell and Jack in the Box. The property is also approximately one mile away from the future Grand Texas Theme Park. Grand Texas is an entertainment, dining, and shopping destination under development on 630+ acres about nine miles north of Houston’s Bush Intercontinental Airport. When construction is complete, Grand Texas will comprise the Houston area’s largest amusement park, a waterpark, an outlet mall, a shopping and dining promenade, hotels, and more, providing the area’s biggest and best destination for the entire family. The brand new construction McDonald’s is located is located within a rapidly growing suburb of Houston. Within five miles of the property, the population is projected to grow 3.54% annually through 2022. McDonald’s is the world's largest chain of hamburger fast food restaurants, serving over 68 million customers daily throughout 120 countries. McDonald’s is an investment grade rated tenant (S&P: BBB+).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9401-02-00500
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,664,135
  • Listing ID: 14085443

  • Date on Market: 16/10/2018

  • Last Updated:

  • Address: 20310 US Highway 59, New Caney, TX 77357

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