New McDonald's Ground
2150 E Hwy 6 Alvin, TX 77511
For Sale
Contact for pricing
New 2024 McDonald's ground lease in Alvin, Texas.
Property Size4,200 SF
Price / SF$782.31
Days on Market730
Property Features for 2150 E Hwy 6
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Property subtype
- Retail
Listing Agency:
Internet Property.Com Inc
(713) 953-2127
Listed By:
Royce Marek · License #TX 468974
Source:
Crexi
Added: Jul 24, 2024
Changed: Jul 10
Last Checked: Jul 23 at 3:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Internet Property.Com Inc
Investment Insights
Based on property information with market context.
This property features a brand new McDonald's ground lease with a 20-year term and 10% rent increases every five years. The property is located across from Home Depot on a busy section of Highway 6 in Alvin, Texas, a growing area near Houston. It represents a relocation from a Walmart location around the corner and is situated next to a 7-Eleven, Chick-fil-A, and Panda Express. The ground rent is considered low for the area. The new, high-quality construction, completed in 2024, adheres to McDonald's latest prototype and includes a dedicated drive-thru. As an absolute NNN lease, it requires no landlord management, making it suitable 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. The property is approximately 4,200 square feet.
Key Highlights
- Brand new 20‑year NNN McDonald's ground lease with 10% rent increases every five years.
- Investment grade tenant: McDonald's has a "BBB+" credit rating from Standard & Poor's and a "Baa1" credit rating from Moody's.
- Absolute NNN lease requires no landlord management, ideal for passive income.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
FAQs
What type of property is this?
Drive through restaurant - New 2024 McDonald's ground lease in Alvin, Texas.
Where is this drive through restaurant located?
The property is located at 2150 E Hwy 6 Alvin, TX.
What is the asking price?
The asking price for this property is $3,285,714.
What are key features of this property?
This property features: Brand new 20‑year NNN McDonald's ground lease with 10% rent increases every five years.; Investment grade tenant: McDonald's has a "BBB+" credit rating from Standard & Poor's and a "Baa1" credit rating from Moody's.; Absolute NNN lease requires no landlord management, ideal for passive income.
