High-Performing McDonald's Retail at 4929 Gattis School Rd
FOR SALE
$3,184,210
4929 Gattis School Road, Hutto, TX 78634
4,954 SF
Square Feet
$643
PPSF
3.80%
CAP
Property Description
NOI
$121,000
Cap Rate
3.80%
Paine Net Lease Team is pleased to present the opportunity to acquire a McDonald's property in Hutto, Texas. The property is subject to a ground lease with McDonald's corporation with approximately 15 years remaining in the initial term. The 4,954-square-foot building was recently built in 2019 and sits on a 1.24-acre lot. The lease has 10 percent rental increases every five years with the next increase coming in June 2029. The lease also includes four five-year renewal options with 10 percent rent increases at each option.
This subject McDonald's is located in a state highway intersection connecting the under construction Samsung Highway project, which will connect TX-130 with the state-of-the-art, under construction Samsung Plant Site (Proj. Completion 2028) offering phenomenal vehicle traffic potential.
This subject McDonald's is located in a state highway intersection connecting the under construction Samsung Highway project, which will connect TX-130 with the state-of-the-art, under construction Samsung Plant Site (Proj. Completion 2028) offering phenomenal vehicle traffic potential.
Property Details
Asset Type
Retail
Year Built
2020
Lot Size
1 SF
Neighborhood
Austin MSA
Submarket
Hutto
ZIP
78634
Listing Type
sale
30 years
10 years
Net Operating Income (NOI)
$191,967
Debt Service Coverage Ratio (DSCR)
1.06x
Cap Rate
6.03%
Cash Flow (Annual)
$10,829
Cash-on-Cash Return
1.36%
Monthly Debt Service
$15,095
Annual Debt Service
$181,137
View on Map
Address
4929 Gattis School Road
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Hutto Retail Market Snapshot
Boundary boundary · Retail · Sale
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