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.
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