305 Williams Road
Salado, TX
Price:
$2,706,000
Cap Rate:
4.25%
NOI:
$115,000
Building Size:
Approx. 3,711 Sq. Ft.
Lot Size:
Approx. 1.6 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2024
Investment Overview
- 2024 Construction. 3,711+/- SF Building on 1.6+/- Acre Site
- 20-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years and (4) 5-Year Renewal Options
- High-Visibility I-35 Location w/ ~83,000 VPD, One of Texas’ Primary North-South Trade Corridors Connecting Austin, Temple, Waco, & Dallas
- McDonald’s has TXDOT Signage on Interstate 35 Northbound & Southbound
- Affluent Surrounding Demographics | Average Household Income Of $133,154 Within A 5-Mile Radius
- McDonald’s (NYSE: MCD) is the World’s Leading QSR Brand, Operating 40,000+ Locations Across 100+ Countries
- Salado | Killeen–Temple MSA Serves as Major Central Texas Economic Hub | MSA Population: 509,487+