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NEC FM 2090 & Cox StSplendora, TX 77372
McDonald's
Asset ClassRetail
Deal Size$2.5 M
Land: 1.87 AcresCap Rate: 4.4%Access Data Room
Single Tenant Absolute NNN Ground Lease
overview of deal

Overview

The Blue Ox Group is pleased to offer the opportunity to acquire the fee simple interest (Land ownership) in an absolute NNN leased, McDonald’s investment property located in Splendora, TX (Houston MSA). The Tenant, McDonald’s recently signed a brand new, long-term, 20 year lease with 8, 5-year options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and each option period. This attractive rent structure and steadily growing NOI hedges against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment for the passive investor.

Investment Highlights

GLA (Land): 1.874 AC

Year Built: 2025

LL Responsibilities: NNN

Term: 20 Years with 8, 5-Year Options

 

Traffic Counts:

US-59/I-69: 87,643 CPD ‘24

FM 2090: 14,531 CPD ‘2

Demographics

3 miles
5 miles
7 miles
2025 Population
13,258
36,929
86,590
5 Yr Proj. Growth
16,505
48,045
121,183
Daytime Pop.
4,814
12,099
26,923
Total Households
4,338
11,806
25,836
Avg HH Income
$98,248
$103,156
$97,420
Median Home Value
$263,685
$281,189
$260,863
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NEC FM 2090 & Cox StSplendora, TX 77372
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