Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a brand-new McDonald’s ground lease located at 4320 W Sam Houston Parkway North in Houston, Texas. This is a 2024 construction, single-tenant asset leased to McDonald’s USA, LLC under a new 20-year absolute NNN ground lease that commenced on October 31, 2024. The lease features zero landlord responsibilities, 10% rent increases every five years, and eight (8) five-year renewal options, offering long-term income growth backed by investment-grade corporate credit. McDonald’s relocated to this upgraded standalone prototype from an adjacent dual-tenant building, committing to a higher-than-typical starting ground rent of $175,000 per year—a strong indication of the brand’s confidence in the location. The ±4,226-square-foot restaurant sits on ±1.15 acres and includes the chain’s newest dual-lane drive-thru configuration to support high-volume service. Strategically positioned along Beltway 8 and Sam Houston Tollway, the site benefits from outstanding visibility to nearly 200,000 vehicles per day. It is located within a dense Houston submarket surrounded by national retailers, large corporate campuses, schools, and ongoing commercial development. With brand-new construction, a strong operator, and a long-term lease with above-market rent, this offering presents an ideal opportunity for passive investors seeking a premier net-leased asset in one of the nation’s most active growth markets.