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Restaurant

McDonald's Corporate Ground Lease | Corpus Christi TX MSA

1302 Hwy 35 N, Rockport, TX 78382

Listing Price: $1,150,000

Cap Rate
3.41%
Tenant Name
McDonald's
Years Remaining On Lease
11.9
Guarantor
Corporate Guarantee
Rentable SF
2,376
Lease Type
Ground Lease
Rent Per Square Feet
$16.50

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a McDonald's property in Rockport, Texas. The property is subject to a ground lease with McDonald's corporation with approximately 12 years remaining on the initial term. The 2,376-square-foot building was recently renovated in 2020 and sits on a 0.8-acre lot. The lease has 10 percent rental increases every 5 years with the next increase in August of 2026. The lease also includes six 5-year renewal options with 10 percent rent increases.

Investment Highlights

  • Corporate Guaranteed Ground Lease: Zero Landlord Responsibilities
  • 12 Years Remaining On Lease with 10% Rent Increases in August 2026
  • Frontage on I-35 with over 19,758 VPD
  • 2,376 SF Building Renovated in 2020 with Digital Ordering Screens
  • Six 5-Year Renewal Options with 10% Rent Increases Each Option
  • H-E-B Receives 1.7 Million Visits a Year
  • Below Market Rent and Below Replacement Costs

Exclusively Listed By

Financing By

Restaurant

McDonald's Corporate Ground Lease | Corpus Christi TX MSA

Listing Price: $1,150,000

Cap Rate
3.41%
Tenant Name
McDonald's
Years Remaining On Lease
11.9
Guarantor
Corporate Guarantee
Rentable SF
2,376
Lease Type
Ground Lease
Rent Per Square Feet
$16.50

Investment Highlights

  • Corporate Guaranteed Ground Lease: Zero Landlord Responsibilities
  • 12 Years Remaining On Lease with 10% Rent Increases in August 2026
  • Frontage on I-35 with over 19,758 VPD
  • 2,376 SF Building Renovated in 2020 with Digital Ordering Screens
  • Six 5-Year Renewal Options with 10% Rent Increases Each Option
  • H-E-B Receives 1.7 Million Visits a Year
  • Below Market Rent and Below Replacement Costs

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a McDonald's property in Rockport, Texas. The property is subject to a ground lease with McDonald's corporation with approximately 12 years remaining on the initial term. The 2,376-square-foot building was recently renovated in 2020 and sits on a 0.8-acre lot. The lease has 10 percent rental increases every 5 years with the next increase in August of 2026. The lease also includes six 5-year renewal options with 10 percent rent increases.

Exclusively Listed By

Financing By

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