About This Restaurant
Investment Highlights
Long Term Absolute NNN Investment | 10.6 Years Remaining on an Absolute NNN Ground Lease - Zero Landlord Responsibilities Corporate Guarantee | Lease corporately guaranteed by McDonald's - the world's largest fast food hamburger chain in the world. Increases in Rent Throughout Options | 5.00% Increases in Rent Throughout each of the 8-5 Yr. Options
Executive Summary
NNN Pro is pleased to present the exclusive listing for a McDonald's locatedat 118 Eagles Landing Pkwy, Stockbridge, GA 30281. The site consists ofroughly 4,365 rentable square feet of building space on an estimated 2.2-acre parcel of land. This McDonald's is subject to a 20-year Ground lease,which commenced 11/13/2014. The current annual rent is $128,496 and hasscheduled increases of Throughout Options: 5.00%.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Fast Food
- Building Size 4,365
- Building Class B
- Year Built 2016
- Price 2,855,467
- Price Per SF 654
- Cap Rate 4.50
- NOI 128,496
- Percent Leased 100
- Building Height 1 Story
- Building FAR 0.05
- Land Acres 2.20 AC
Property Taxes
| Parcel Number | 0069-01-008-097 | Improvements Assessment | $383,080 |
| Land Assessment | $407,760 | Total Assessment | $790,840 |
| Date Created: | 2024-07-16 04:13:35 | Last Updated: | 2024-07-16 04:13:35 |
| Address: | 118 Eagles Landing Pky , Stockbridge, Georgia, 30281 | ||