9950 Highway 6, Missouri City, TX 77459
- Retail properties & Spaces
- 4,285 SF
- 1.41 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 9950 Highway 6
- Year built
- 2024
- Lot size
- 1.41 lot acres
- Property type
- Retail properties & Spaces
- 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.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Missouri City
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.5164
- Latitude
- 29.5334
