McDonald's NNN — Penitas, TX

Updated July 18, 2026

$2,182,000 · 3.85% CAP · 20.1 YRS

Corporate McDonald's ground lease in Penitas with a full 20-year absolute-net term on 2026 construction, shadow-anchored by Walmart in an opportunity zone. Rent steps 10% every five years through eight 5-year options.

Lease Abstract

Price

$2,182,000

Cap rate

3.85% CAP

NOI

$84,000

Term remaining

20.1 YRS

Lease type

Absolute NNN Ground Lease

Increases

10% every 5 years

Options

(8), 5-Year Options to Renew

Guarantee

Corporate

Building

3,700 SF

Lot

1.33 AC

Year built

2026

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

3,700 SF building, built 2026, 1.33 acres of land. Ground lease priced at $1,640,602 per acre. Rent increases: 10% every 5 years. Renewal options: (8), 5-Year Options to Renew. Corporate guarantee. Primary term ends around 2046 (20.1 yrs left at listing, Jul 2026).

Location

Penitas, Texas. Full address and offering memorandum released on request — see our McDonald's tenant guide and the Texas market page for the underwriting context.