Restaurant
McDonald's Corporate Ground Lease | Corpus Christi TX MSA
1302 Hwy 35 N, Rockport, TX 78382
Listing Price: $1,150,000
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
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Financing By
Restaurant
McDonald's Corporate Ground Lease | Corpus Christi TX MSA
Listing Price: $1,150,000
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.