Investment Highlights
Executive Summary
This Location Ranks in the top 26% of all McDonald?s in the USA (Placer. Ai Data)? The tenant, McDonald?s, has operated at this location for 9+ years and has 10.4 years remaining on their current lease with 6 (5-year) options to extend, demonstrating their commitment to the site? The ground lease features 10% rental increases every 5 years and at the beginning of each option period to extend the lease term? The lease is corporate signed by McDonald?s Corporation, a credit rated tenant (Fitch: BBB+), nationally recognized and an established? Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises? No landlord responsibilities? Investor benefits from leased fee interest (land ownership)? Ideal, management-free investment for an out-of-state, passive investor? McDonald?s is an outparcel to a MARTIN?S anchored shopping center, providing a steady consumer base from which to draw? 1.5 miles South from the I-81 on/off ramp (76,800 VPD), allowing for customers to benefit from direct access to the interstate and surrounding trade area? The immediate trade area is surrounded by retailers such as ALDI, Walgreens, Big Lots, Wendy?s, and more? The asset has excellent visibility along Edwin Miller Blvd (20,700 VPD) and multiple points of ingress/egress? More than 64,000 residents and 25,000 employees support the trade area? $87,774 average household income
