About This Restaurant
Investment Highlights
Outstanding absolute NNN lease, backed by McDonald?s Corporate, the #1 Fast Food Burger Chain in America (QSR Magazine 2023). McDonald?s is considered the ?Premiere? burger chain and is #38 for the World?s Most Admired Companies (Fortune 2023). Zero landlord expense or management responsibilities. 20-year primary term lease with over ten (10) years remaining and one (1), twenty (20)-year option to extend. McDonald?s market cap exceeds $203 Billion and the company holds an S&P BBB+ rating. Large, over one (1) acre lot with double drive-thru and approx. 27 parking spaces.
Executive Summary
Rare Corporate McDonald's - Double Drive-Thru Corporate Guarantee
Property Details
- Sale Type Investment NNN
- Sale Condition 1031 Exchange
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding Fast Food
- Building Size 3,500
- Building Class B
- LoopNet Rating 4 Star
- Year Built 2014
- Price 4,667,314
- Price Per SF 1,334
- Cap Rate 3.50
- NOI 163,350
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.08
- Land Acres 1.01 AC
Amenities
- Corner Lot
- Freeway Visibility
- Signage
- Drive Thru
Nearby Amenities & Transportation
| Retail | Food 4 Less | ||
| Retail | L & L Hawaiian Barbecue | ||
| Retail | Vallarta Supermarkets | ||
| Retail | Starbucks | ||
| Retail | Jack In The Box | ||
| Retail | Bank of Montreal | ||
| Retail | BJ's Restaurant & Brewhouse | ||
| Retail | Walmart Neighborhood Market | ||
| Retail | UFC Gym | ||
| Retail | U.S. Bank |
Property Taxes
| Parcel Number | 132-0-033-095 | Improvements Assessment | $1,885,215 |
| Land Assessment | $1,675,010 | Total Assessment | $3,560,225 |
| Date Created: | 2024-07-16 04:09:22 | Last Updated: | 2024-07-16 04:09:22 |
| Address: | 110 Riverpark Blvd , Oxnard, California, 93036 | ||