McDonald's | 25yr Operating History
4.25% CAP | 10% Bumps/5 Yrs | Renewals Through 2041
Marketing description
Marcus & Millichap is pleased to present the opportunity to acquire a corporate-guaranteed McDonald's drive-thru at 9959 Perkins Road in Baton Rouge, Louisiana. The ±4,480-square-foot restaurant sits on ±1.08 acres and is secured by a NNN ground lease with approximately 5 years remaining and zero landlord responsibilities. The lease is corporate-guaranteed by McDonald's Corporation (NYSE: MCD), operating 43,000+ locations worldwide.
The property is positioned along Perkins Road (±19,406 VPD), a major east-west commercial corridor with direct connectivity to Interstate 10 (±105,773 VPD) and Bluebonnet Boulevard (±19,267 VPD). Corridor neighbors include Barnes & Noble, CAVA, CVS, Anthropologie, and the Perkins Rowe mixed-use development. The 5-mile trade area supports 160,478 residents with an average household income of $126,006, anchored by Louisiana State University (43,385 students) and Our Lady of the Lake Regional Medical Center. Baton Rouge, Louisiana's second-largest MSA with 888,086 residents, offers a diverse economy and active infrastructure investment, including the MoveBR Perkins Road widening project currently underway.
Investment highlights
- Corporate-Guaranteed NNN Ground Lease With Zero Landlord Responsibilities
- ±5 Years Remaining With Two (2) Five-Year Renewal Options Extending Through 2041
- Scheduled 10% Rent Increases Every Five Years, Providing Long-Term Income Growth
- Backed by McDonald's Corporation (NYSE: MCD), Operating 43,000+ Locations Worldwide
- Prime Perkins Road Corridor Location With ±19,406 VPD and I-10 Access (±105,773 VPD)
- Strong 5-Mile Demographics: 160,478 Residents With $126,006 Average Household Income
- Adjacent to Louisiana State University (43,385 Students) and Our Lady of the Lake Regional Medical Center
- Established Legacy Site, Built in 2001 and Renovated in 2015, in Louisiana's Second-Largest MSA (888,086 Residents)
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
