Vanits Capital Advisors is pleased to present the exclusive listing for a McDonalds located at 1405 S Byrne Rd The property consists of 4,230 square feet of building space and sits on 0.96 acres of land. This McDonald’s has approximately one and a half years remaining on the original 5-year ground lease. The base rent is $67,349 and is subject to fifteen percent rental increases every five years. The increases will continue through the three, five-year tenant renewal options. The tenant is McDonald’s USA, LCC and the lease has a McDonald’s corporate guarantee. McDonald’s Corporation is the world’s largest chain of hamburger fast food restaurants, serving around 69 million customers daily. This is an excellent location that is only going to get better with the recently announced interchange to be constructed west of the property at Dorr Street and
I-475/US 23. This will result in Bryn and Glendale becoming a major connector road to the interstate system and driving additional traffic to and from the University of Toledo, Ottawa Hills, the central city and the fast-growing western and southern suburbs. The added traffic should further improve this area’s ability to attract quality tenants and improve occupancy.