9950 Highway 6 Missouri City, TX 77459

Property Details for 9950 Highway 6

Year built

2024

Lot size

1.41 lot acres

Property size

4,285 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional investment opportunity presents a brand-new, 4,285 square foot McDonald's restaurant situated on a 1.407-acre lot in Missouri City, Texas. Built in 2024, this property boasts a 20-year absolute NNN ground lease with a corporate guarantee from McDonald's, the world's largest fast-food chain. The lease features 10% rent bumps every five years and includes eight five-year renewal options, extending the lease to 2044. The property enjoys a prime location on Highway 6, a high-traffic area with over 55,000 vehicles per day, directly across from a Walmart Supercenter and adjacent to a Kroger. This strategic location benefits from high visibility and proximity to a substantial residential area of over 25,000 households, as well as Hightower High School with over 2,536 students. The property's strong tenant, favorable lease terms, and exceptional location combine to offer a compelling investment with a 3.75% cap rate and a net operating income (NOI) of $150,000. The asking price is $4,000,000, translating to a price per square foot of $933.49. This is a rare relocation site offering significant long-term value and stability. The lease commenced on December 1, 2024, and the ground lease also expires on December 1, 2044.