Listed by CP Partners, ParaSell Inc
$1,741,000
McDonald's
Details
Property Type Retail
Sub Type QSR/Fast Food, Freestanding
Cap Rate 4.25%
NOI $72,992
Occupancy 100%
Tenancy Single
Brand/Tenant McDonald's
Lease Type Absolute NNN
Lease Term 20
Rent Bumps Yes
Lease Options Six, 5-year
Year Built 2025
Buildings 1
Stories 1
Lot Size (SqFt) 60,548
Investment Type Net Lease
Ground Lease Yes
Brand New Construction - 20-Year Absolute NNN Ground Lease
Marketing description
New construction McDonald’s located on the main retail thoroughfare loop around the city of Enterprise. Near Fort Rucker, the U.S. Army Aviation Center for Excellence headquarters, with a daytime population of over 24,000 civilians and military personnel on ~64,500 acres (10 miles).
Investment highlights
- Gold standard tenant, McDonald’s (NYSE: MCD) has over 43,000 locations worldwide and $25.92 billion in total revenue (FY 2024)
- New Absolute NNN, 20-year ground lease
- 10% increases every 5 years
- Six (6), 5-year options
- Zero landlord maintenance or expense obligations
- Prime location along Boll Weevil Circle, the main retail corridor, approximately 1.2 miles from Enterprise State Community College
Listing Contacts
Listed by CP Partners, ParaSell Inc
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,992.00
$6,082.67/mo
Valuation Metrics
0
DSCR
4.19%
Cap Rate
4.19%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Is there information that looks off?
