305 Williams Rd, Unit Salado Texas 76571 Salado, TX 76571
New 20-year NNN lease with rental increases.
Property size:
3,711 SFLot size:
1.59 AcresProperty Features for 305 Williams Rd
General Information
- Standard status
- Active
- Zoning
- LR - Local Retail
- Size
- 3,711 SF
- Lot size
- 1.59 Acres
Building Details
- Year built
- 2024
Source:
Crexi
Listing Agent: Ben Deskins
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
McDonald's NNN Investment Property
This is an opportunity to acquire the leased fee interest in an absolute NNN leased McDonald’s investment property in Salado, Texas. McDonald’s recently signed a new 20-year lease with eight 5-year options to extend. The lease includes 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is absolute NNN with zero landlord responsibilities. The McDonald’s is located at the intersection of Interstate 35 and Williams Road, with a combined average of over 88,500 vehicles passing by daily. Interstate 35 connects Austin to the Dallas-Fort Worth metroplex. The McDonald’s is near Salado Middle School and Salado High School, which have over 1,300 enrolled students. The property is in a primary retail corridor with national tenants including Anytime Fitness, Subway, Sonic, and Ace Hardware. The 5-mile trade area is supported by a population of over 9,500 residents and 2,600 employees with an average household income of $133,154. The property size is 3,711 square feet.
Location Intelligence
Current Use by Public Records
Drive through restaurants
Location Insight
- Map
- Local Demand
- City
- Salado
- County
- Bell
- State
- Texas
- Longitude
- -97.542216
- Latitude
- 30.960667
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - New 20-year NNN lease with rental increases.
Where is this drive through restaurant located?
The property is located at 305 Williams Rd, Unit Salado Texas 76571 Salado, TX.
What are key features of this property?
This property features: - Absolute NNN lease with zero landlord responsibilities, ideal for passive investors.; - Brand new 20-year lease with McDonald's, demonstrating long-term commitment.; - **Located at a high-traffic hard corner intersection of Interstate 35 and Williams Road, with 88,500 vehicles passing daily.**
