Listed by Cushman & Wakefield - Sacramento, California
$2,729,000
McDonald's Ground Lease | Davenport, FL
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,500
Cap Rate 3.65%
NOI $99,600
Tenancy Single
Brand/Tenant McDonald's, Chick-fil-A
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 10/29/2045
Remaining Term 20
Rent Bumps Yes
Price per SqFt $1,092
Broker Co-Op Yes
Year Built 2025
Acreage 1.110
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/27/2025
Ground Lease Yes
New 20-Year Abs NNN Ground Lease | 72,000+ Vehicles Per Day
Marketing description
Ideal McDonald’s Location: Highly visible and easily accessible location near the four-way intersection of U.S. Route 27 & Holly Hill Fruit Road, which experiences a combined traffic count of 72,000+ VPD.
Reliable Tenancy: McDonald’s USA, LLC operates over 14,300 locations nationwide and has an S&P credit rating of “BBB+”.
Excellent Demographic Base: 80,724 residents live within five miles of the property, marking an explosive 153% increase since 2010.
Low NOI: Exceedingly low NOI of $99,600 for a McDonald's location.
AdventHealth Heart of Florida: Located directly across from AdventHealth Heart of Florida, one of Davenport’s largest employers (202 beds, apprx. 1,000 employees).
Growing Market Dynamics: Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise this McDonald’s and Davenport for steady concurrent growth.
Investment highlights
- 20-year corporate absolute NNN ground lease to McDonald's
- New 20-year corporate absolute NNN ground lease to McDonald's, an investment-grade, industry- leading energy quick service restaurant (NYSE: "MCD").
- 10% rental increases every five (5) years in initial term and option periods, ensuring consistent income growth.
- Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
- McDonald's USA, LLC operates over 14,300 locations nationwide and has an S&P credit rating of “BBB+".
- McDonald's global systemwide sales passed $139 billion for the full year in 2025.
- McDonald's is planning for 4-5% net new restaurant unit growth, targeting 50,000 global units by 2027.
- Low NOI of $99,600 for a McDonald's location.
- High traffic location (72,000+ VPD) Near Disney World
- Highly visible and easily accessible location near the four-way intersection of U.S. Route 27 & Holly Hill Fruit Road, which experiences a combined traffic count of 72,000+ VPD.
- Close proximity to Disney World, one of the most visited attractions globally (58 million visitors), driving consistent customer traffic year-round.
- The site's location directly along U.S. Route 27 (main North / South FL arterial) allows the property to capture significant Disney World traffic, along with local and commuter traffic from Orlando north (342,000 population) and Fort Myers south (100,000 population).
- Located directly across from Advent Health Heart of Florida, one of Davenport's largest employers (202 beds, apprx. 1,000 employees).
- Surrounded by a strong mix of local and national retailers, including Publix, Chipotle, future Chase Bank, Heartland Dental, CVS, Walgreens, and others.
- High-growth Orlando MSA market (150%+ Population growth)
- 80,724 residents live within five miles of the property, marking an explosive 153% increase since 2010.
- High average annual household income of $97,604 within a one-mile radius of the property.
- Surrounded by countless new and future commercial, residential, and mixed-use developments.
- Florida is an income tax-free state, greatly enhancing the appeal of this property.
- 2025 Construction built to the latest McDonald's prototype
- High-quality 2025 construction built to McDonald's latest prototype.
- 1.11-acre parcel to accommodate for McDonald's operational efficiency.
Listing Contacts
Listed by Cushman & Wakefield - Sacramento, California
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$99,600.00
$8,300.00/mo
Valuation Metrics
0
DSCR
3.65%
Cap Rate
3.65%
ROI
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