McDonald's Ground Lease
Retail | 4.25% CAP | 3,700 SqFt
Marketing description
Porthaven Partners is pleased to present the opportunity to acquire a brand new, long-term McDonald's ground lease located at 13496 LA-73 in Geismar, Louisiana, within the Baton Rouge MSA. The offering combines corporate McDonald's credit, brand-new 2025 construction, a 20-year absolute net ground lease, and a high-visibility drive-thru position in one of Ascension Parish's strongest growth corridors.
McDonald's relocated to the Property from a prior location approximately 100 yards away, preserving its established customer base while upgrading into a new freestanding restaurant purpose-built for modern drive-thru demand. The relocation underscores the brand's long-term commitment to this specific corridor and reinforces the strategic value of the LA-73 / Old Jefferson Highway trade area.
The Property is leased to McDonald's USA, LLC under a 20-year absolute net ground lease with rent commencement of August 20, 2025 and lease expiration on August 19, 2045. The lease features a low $90,000 in annual ground rent and no landlord responsibilities, creating a clean passive-income profile for investors.
The surrounding trade area is both affluent and growing. Average household income is $173,569 within 1 mile, $137,774 within 3 miles, and $125,402 within 5 miles, while the 5-mile population is projected to grow from 70,359 residents in 2025 to 74,154 residents by 2030. That combination of purchasing power and residential growth supports recurring QSR demand and strengthens the long-term rent story.
The site also benefits from meaningful regional demand drivers, including Our Lady of the Lake Regional Medical Center, a 928-bed healthcare anchor, and Louisiana State University, located only 17 minutes from the Property. With visibility along LA-73 / Old Jefferson Highway with 22,666 VPD, nearby access to I-10 with 103,341 VPD, and proximity to schools, daily-needs retail, and industrial employment, the Property is positioned within a durable daily-traffic environment.
Investment highlights
- Brand-New 2025 Construction / Strategic Relocation - McDonald's replaced a nearby in-line/convenience-store location with a newly constructed freestanding restaurant approximately 100 yards away, reinforcing the importance of the trade area while upgrading into a purpose-built drive-thru format.
- Corporate McDonald's Lease - The lease entity is McDonald's USA, LLC, paired with one of the most recognizable global restaurant brands and an investment-grade credit profile of Baa1 / BBB+ (Moody's/S&P).
- 20-Year Absolute Net Ground Lease - The tenant operates under a long-term absolute net ground lease with zero landlord responsibilities, giving investors long-term, passive cash flow from the leading global QSR operator.
- New Freestanding Drive-Thru Site - The site plan reflects a purpose-built McDonald's drive-thru restaurant with 35 parking spaces and a 3,700 SF building, designed for speed, access, and high customer throughput.
- High-Traffic Access - The Property fronts LA-73 / Old Jefferson Highway, which carries 22,666 VPD, and is proximate to I-10, a major regional corridor with 103,341 VPD.
- Affluent and Growing Trade Area - The 1-mile trade area reports average household income of $173,569, while the 5-mile population is projected to grow from 70,359 residents in 2025 to 74,154 residents by 2030.
- Daily-Needs Retail and School Demand - Nearby traffic drivers include Walmart Supercenter, Sam's Club, Lowe's, Home Depot, ALDI, T.J. Maxx, Ross, multiple national restaurants, and the Dutchtown school cluster.
- Major Healthcare and University Anchors - The location benefits from nearby Our Lady of the Lake Regional Medical Center, a 928-bed regional healthcare anchor, and Louisiana State University, located only 17 minutes from the Property.
- Industrial and Institutional Employment Base - The broader Baton Rouge MSA benefits from nearby chemical manufacturing plants, LSU, Our Lady of the Lake, and major port/logistics activity, supporting daytime population and recurring food-service demand.
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