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28662007
28662008

3989 S Lapeer Rd, Metamora, MI 48455

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
RV
MI MI 6502375353
Encore Real Estate Investment Services
BH
MI 6501349119
Encore Real Estate Investment Services
DS
MI 6501387591
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services
$1,760,000
195 days on market
Updated 12 days ago

McDonald's Ground Lease (Gas Station Master Lease)

Details
Property Type Retail
Sub Type Gas Station, QSR/Fast Food (+1)
Square Footage 5,002
Cap Rate 3.75%
NOI $66,000
Occupancy 100%
Tenancy Single
Brand/Tenant McDonald's, Marathon
Lease Type Absolute NNN
Lease Term 28.1
Lease Expiration 07/10/2028
Remaining Term 2.1
Rent Bumps Yes
Lease Options 4, 5 Year Options to Renew
Price per SqFt $352
Year Built 2000
Buildings 1
Acreage 2.270
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/22/2000

Absolute NNN Ground Lease McDonald's For Sale - Drive Thru Equipped Gas Station Master Lease

Marketing description

Introducing an exceptional investment opportunity: MCDONALD'S GROUND LEASE (GAS STATION MASTER LEASE) at 3989 S Lapeer Rd, Metamora, MI 48455. This property offers an Absolute NNN Ground Lease featuring a McDonald's restaurant with a Gas Station Master Lease including 5 pumps and 10 fueling positions.

With a sale price of $1,760,000 and a competitive CAP rate of 3.75%, this investment showcases a corporate-guaranteed lease by McDonald's, a renowned fast-food chain. The property boasts a strong site-level commitment with a new 10-year lease term started in 2018, ensuring long-term income stability. McDonald's master lease, combined with Marathon Gas as the sub-tenant, creates a high-traffic location with limited quick-service restaurant competition.

Situated in a growing suburban Detroit corridor and benefiting from steady residential expansion, this property caters to local residents and commuters with easy access to key regional routes. Don't miss this opportunity to own a prime investment in a strategic location with excellent brand exposure and potential for long-term growth.

Investment highlights

  • Absolute triple net ground lease – landlord has zero responsibility for taxes, insurance, or maintenance

  • New 10 year lease term commenced July 11, 2018, providing predictable, long term income

  • McDonald’s has operated at this location for approximately 18 years, demonstrating strong site-level commitment and performance.

  • Corporate-guaranteed lease by McDonald’s, the second largest fast food chain in the world.

  • McDonald’s holds the master lease and Marathon Gas operates as the sub-tenant, creating a dual-traffic, complementary use at the corner.

  • Limited quick service restaurant competition in the immediate trade area, allowing this location to capture a disproportionate share of local and pass-through demand.

  • Located in a growing suburban Detroit corridor, benefiting from steady residential expansion and increased traffic between northern suburbs and larger employment nodes.

  • Positioned near I 69, a key east west artery, with convenient regional access for both local residents and commuters.

  • Metamora is home to the historic Metamora Hunt Club, a 90 year plus equestrian and hunting institution that draws visitors and affluence to the area.

  • The annual Metamora Country Days and Balloon Festival attracts thousands of visitors each August for food, music, art, crafts, a parade, more than 20 hot air balloons, and a major fireworks show, boosting seasonal sales and brand exposure.

  • Conveniently situated approximately 25 minutes southeast of Flint and about 1.5 hours north of Detroit, serving as a key daily needs stop for local residents and regional travelers alike.

Listing Contacts

DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
RV
MI MI 6502375353
Encore Real Estate Investment Services
BH
MI 6501349119
Encore Real Estate Investment Services
DS
MI 6501387591
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$66,000.00
$5,500.00/mo

Valuation Metrics

0
DSCR
3.75%
Cap Rate
3.75%
ROI

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Additional Information

Name
Deno Bistolarides
License
6502378067
Name
Ryan Vinco
License
MI 6502375353
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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