Restaurant
New McDonald's w/ Dual Dr-Thru | Part of 189k SF H-E-B Anchored Center | 20 Yr NNN Ground Lease
8221 W State Hwy 29, Leander (Austin MSA), TX 78628
Listing Price: $3,900,000
Investment Overview
Located about 22–25 miles northwest of Austin, Texas, Leander sits in the upland region of the Texas Hill Country, spanning both Williamson County and a portion of Travis County. As of the 2024 census, Leander’s population was approximately 87,511 , and it has continued to grow rapidly as part of the booming Greater Austin metro area.
Set against the scenic limestone terrain of the Balcones Escarpment, the city features the hallmark Hill Country landscape of rolling hills, exposed rock beds, and natural waterways. Leander offers a blend of suburban growth with easy access to natural amenities, and it serves as the northern terminal of the Austin commuter rail system, providing direct connectivity to downtown Austin.
Leander has been recognized as one of the fastest-growing cities in the United States, at one point ranked the nation’s fastest-growing large city by percentage increase. Its population is relatively young and diverse, with median household incomes and home values rising sharply as new residents and businesses relocate to the area.
Many are drawn to Leander for its highly rated schools, safe neighborhoods, and the combination of a small-town atmosphere with proximity to Austin’s economic and cultural core. Outdoor recreation opportunities abound, with nearby lakes, greenbelts, and nature preserves typical of the Hill Country region.
While historically a residential suburb, Leander’s rapid population expansion has spurred robust commercial development and major infrastructure investments. Overall, Leander represents a thriving, forward-looking community that combines natural beauty, family-friendly living, and strategic access to one of the fastest-growing metropolitan areas in the country.
Investment Highlights
- 19+ Year Absolute Net Ground Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. New High Quality Construction w/ Dual Drive-Thru.
- Positioned Along Area's Traffic & Retail Corridor - Easy Access & Excellent Visibility - Located at a Major Intersection w/ Excellent Access to Ronald Reagan Boulevard and State Highway 29.
- McDonald's (NYSE: MCD) is Ranked #165 on the Fortune 500 List, Features Investment Grade Credit Rating "BBB+" by S&P's and has an Annual Revenue Exceeding $25.92 Billion.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
- Austin Currently Ranks as the Fastest Growing Metro out of the 50 Largest U.S. Metros, and has an Unemployment Rate of 3.5%. The City also has become a Center for Technology and Business.
- Affluent Area: Features an Average Household Income of more than $164k+ within a 1-Mile Radius. Austin Metropolitan Area Population Grew 10–12% since 2020.
- Within Bar W Marketplace - a 189,587 SF Neighborhood Community Shopping Center Anchored by a Highly Successful H-E-B Grocery, the Dominant Market Leader - Strategic location in Rapidly Growing Williamson County.
- Across Gateway 29 - a Premier, 50-Acre Mixed-Use Development, designed to Capture Rapid Residential Growth with Strategic Retail, Service, and Pad Site Opportunities. Near MorningStar - a 530-Acre Master-Planned Community featuring 54 Acres of Commercial frontage, offering Retail, Office, and Service Pad Opportunities surrounded by 1,800 Homes, Resort-Style Amenities, and Rapid Regional Growth.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Restaurant
New McDonald's w/ Dual Dr-Thru | Part of 189k SF H-E-B Anchored Center | 20 Yr NNN Ground Lease
Listing Price: $3,900,000
Investment Highlights
- 19+ Year Absolute Net Ground Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. New High Quality Construction w/ Dual Drive-Thru.
- Positioned Along Area's Traffic & Retail Corridor - Easy Access & Excellent Visibility - Located at a Major Intersection w/ Excellent Access to Ronald Reagan Boulevard and State Highway 29.
- McDonald's (NYSE: MCD) is Ranked #165 on the Fortune 500 List, Features Investment Grade Credit Rating "BBB+" by S&P's and has an Annual Revenue Exceeding $25.92 Billion.
- Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - Near Several Large Retail & Housing Developments / Under Construction.
- Austin Currently Ranks as the Fastest Growing Metro out of the 50 Largest U.S. Metros, and has an Unemployment Rate of 3.5%. The City also has become a Center for Technology and Business.
- Affluent Area: Features an Average Household Income of more than $164k+ within a 1-Mile Radius. Austin Metropolitan Area Population Grew 10–12% since 2020.
- Within Bar W Marketplace - a 189,587 SF Neighborhood Community Shopping Center Anchored by a Highly Successful H-E-B Grocery, the Dominant Market Leader - Strategic location in Rapidly Growing Williamson County.
- Across Gateway 29 - a Premier, 50-Acre Mixed-Use Development, designed to Capture Rapid Residential Growth with Strategic Retail, Service, and Pad Site Opportunities. Near MorningStar - a 530-Acre Master-Planned Community featuring 54 Acres of Commercial frontage, offering Retail, Office, and Service Pad Opportunities surrounded by 1,800 Homes, Resort-Style Amenities, and Rapid Regional Growth.
Investment Overview
Located about 22–25 miles northwest of Austin, Texas, Leander sits in the upland region of the Texas Hill Country, spanning both Williamson County and a portion of Travis County. As of the 2024 census, Leander’s population was approximately 87,511 , and it has continued to grow rapidly as part of the booming Greater Austin metro area. Set against the scenic limestone terrain of the Balcones Escarpment, the city features the hallmark Hill Country landscape of rolling hills, exposed rock beds, and natural waterways. Leander offers a blend of suburban growth with easy access to natural amenities, and it serves as the northern terminal of the Austin commuter rail system, providing direct connectivity to downtown Austin. Leander has been recognized as one of the fastest-growing cities in the United States, at one point ranked the nation’s fastest-growing large city by percentage increase. Its population is relatively young and diverse, with median household incomes and home values rising sharply as new residents and businesses relocate to the area. Many are drawn to Leander for its highly rated schools, safe neighborhoods, and the combination of a small-town atmosphere with proximity to Austin’s economic and cultural core. Outdoor recreation opportunities abound, with nearby lakes, greenbelts, and nature preserves typical of the Hill Country region. While historically a residential suburb, Leander’s rapid population expansion has spurred robust commercial development and major infrastructure investments. Overall, Leander represents a thriving, forward-looking community that combines natural beauty, family-friendly living, and strategic access to one of the fastest-growing metropolitan areas in the country.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments