4929 Gattis School Rd
5,066 SF Retail Building Hutto, TX 78634 $3,184,210 ($629/SF) 3.80% Cap Rate



INVESTMENT HIGHLIGHTS
- Corporate Absolute NNN Ground Lease with 14.5 Years Remaining and 10% Rent Increases Every 5 Years | Average Cap Rate Over Primary Term is 4.22%
- Located in a State Highway Intersection Connecting the New Samsung Semiconductor Plant Creating 3,500 Jobs
- Extremely High-Performing McDonald's in the 91st Percentile in visits Nationwide, Top 13% in the State ofTexas and Top 12% in the local 15-Mile Radius
- Three-Mile Population of 82,743 and Five-Mile Population of 213,904 with AverageHousehold Income of $141,212
- Currently 40,000 VPD from TX 130 and 18,792 VPD from Gattis School Road
- Shadow Anchored by 'HEB Plus!' Performing in the Top 12% Nationwide (Placer.ai) |HEB was the #1 Ranked Grocery Chain in Dunnhumby's US Grocer Retailer
EXECUTIVE SUMMARY
Marcus & Millichap 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.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,066 SF
Building Class
C
Year Built
2020
Price
$3,184,210
Price Per SF
$629
Cap Rate
3.80%
NOI
$121,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.06 AC
Frontage
192 FT on White Moss Drive
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS





PROPERTY TAXES
Parcel Number | R563828 | Improvements Assessment | $718,145 |
Land Assessment | $881,855 | Total Assessment | $1,600,000 |