Listed by Hanley Investment Group
$3,528,000
McDonald's | Las Vegas, NV
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,243
Net Rentable (SqFt) 3,243
Cap Rate 4.15%
NOI $146,427
Occupancy 100%
Tenancy Single
Brand/Tenant McDonald's
Lease Term 36.8
Lease Expiration 12/31/2035
Remaining Term 9.5
Rent Bumps Yes
Lease Options Three 5-Year Options @ 10% Increases
Year Built 1996
Year Renovated 1999, 2021
Acreage 0.240
Tenant Credit Corporate Guarantee
Lease Commencement 04/01/1999
Ground Lease Yes
Absolute NNN Ground Lease | Top-Performing QSR in the State of Nevada (Placer.ai) | Irreplaceable La
Marketing description
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Investment highlights
- Corporate Guaranteed McDonald’s Ground Lease:
- Recent lease extension through December 2035 (10-year term); tenant has operated at the shopping center since 1999 (27 years)
- Absolute NNN corporate ground lease
- Three 5-year options with 10% rental increases every five years providing a hedge against inflation
- Drive-thru equipped; on average, stores with drive-thru’s experience higher sales than those without
- Investment-grade national tenant (NYSE: MCD; S&P: BBB+)
- McDonald’s is the world’s leading global food service retailer with over 43,000 locations in over 100 countries
- Top-Performing QSR in the State of Nevada: McDonald’s Top 8% within the QSR category in Nevada (Placer.ai)
- Proven Location: 27-year track record of success; the store was remodeled in 2021 to McDonald’s latest prototype speaking to the strength of the location
- Outparcel to Top Performing Neighborhood Strip Center: Paseo Plaza ranks in the top 20% of neighborhood strip centers in the entire state of Nevada (Placer.ai)
- Excellent Visibility & Access; Hard-Corner, Signalized Intersection: The property is ideally situated at the signalized intersection of Sahara Avenue and Paseo Del Prado (69,000+ CPD) and has over 100 feet of frontage and exposure along Sahara Avenue providing three points of ingress and egress
- Significant Daytime Population: There are 374,972 employees within a 3-mile radius
- Dense Infill Las Vegas Location: The population exceeds 467,000 people within a 5-mile radius
- Close Proximity to the Las Vegas Strip: 3 miles from the world-famous Las Vegas Strip (42 million annual visitors) and 15 minutes from Harry Reid International Airport (57.6 million annual passengers)
Listing Contacts
Listed by Hanley Investment Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$146,427.00
$12,202.25/mo
Valuation Metrics
0
DSCR
4.15%
Cap Rate
4.15%
ROI
Map
Zoning
C-1 CommercialRetail CommercialLimited Commercial
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View all 196 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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