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MCDONALD'S W/ DUAL DR-THRU | 20YR NNN GROUND 10515 Pearland Pky 4,285 SF Retail Building Houston, TX 77089 $3,588,979 CAD ($837.57 CAD/SF) 4% Cap Rate
Investment Highlights
- 20 Year Absolute Net Ground Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- McDonald’s (NYSE: MCD) is Ranked #165 on the Fortune 500 List, Features Investment Grade Credit Rating “BBB+” by S&P’s.
- Immediate Access to/from Beltway 8 / Sam Houston Tollway (85k+ VPD) and Near Interstate 45 – Easy Regional Access to Major Houston Employment Centers.
- Prime Signalized Hard Corner Location along Pearland Parkway – Situated at a Major Lighted Intersection.
- Part of Houston’s Expanding Southeast Growth Corridor – Pearland and Southeast Houston are Among the Metro’s Top Submarkets.
- Densely Populated and Affluent Area: Average Household Income of $95k+ within a 3-Mile Radius and over 236k People Residing within a 5-Mile Radius.
Executive Summary
McDonald’s w/ Dual Drive Thru | 20 Year Absolute Net Ground Lease | Immediate Area Experiencing Major Growth | Across Target Anchored Retail Center | Densely Populated & Affluent Area | Prime Signalized Hard Corner Location | Part of Houston’s Expanding Southeast Growth Corridor | Immediate Access to/from Beltway 8 / Sam Houston Tollway and Near Interstate 45
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,285 SF
Building Class
C
Year Built
2025
Price
$3,588,979 CAD
Price Per SF
$837.57 CAD
Cap Rate
4%
NOI
$143,559 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.42 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- McDonald's
- Retailer
- 4,285 SF
- -
- Triple Net
- Nov 2045
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| McDonald's | Retailer | 4,285 SF | - | Triple Net | Nov 2045 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 1271710010005 | Improvements Assessment | $0 CAD |
| Land Assessment | $685,589 CAD | Total Assessment | $685,589 CAD |
Property Taxes
Parcel Number
1271710010005
Land Assessment
$685,589 CAD
Improvements Assessment
$0 CAD
Total Assessment
$685,589 CAD
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MCDONALD'S W/ DUAL DR-THRU | 20YR NNN GROUND | 10515 Pearland Pky
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