2501 S Us Highway 421 - Fast Food FOR SALE


Harlan, KY 40831
$2,286,000 USD
925-788-6201
2501 S Us Highway 421, Harlan, KY for Sale
$2,286,000 USD
Fast Food - FOR SALE
1/5
null | 3.5% Cap Rate

2501 S Us Highway 421
Harlan, KY 40831


HIGHLIGHTS

  • ±22 years remaining on the ground lease, representing the longest McDonald’s lease term currently available in the market.
  • Recent 20-year lease extension executed in December 2025 with 10% rent increases every five years.
  • Over 40 years of operating history at the site, demonstrating strong unit performance and long-term tenant commitment.
  • Exceptional sales volumes supported by investment-grade McDonald’s credit, providing durable income and downside protection.
  • Freestanding, single-tenant restaurant with prominent visibility and direct access along US-421.
  • Primary fast-food destination serving the Harlan, Kentucky community with limited nearby competition.

OVERVIEW

Cushman & Wakefield is pleased to offer the opportunity to acquire a single-tenant McDonald’s ground lease located on a prominent parcel along US-421, the primary commercial corridor serving Harlan and the surrounding trade area. US-421 functions as a vital regional thoroughfare, providing direct connectivity to neighboring communities throughout southeastern Kentucky and supporting consistent local and commuter traffic. The property benefits from excellent visibility, direct ingress and egress, and a central in-town location, positioning it as a premier quick-service restaurant destination within the market. The surrounding area features a strong mix of essential retail, civic uses, and established residential neighborhoods, driving reliable daily traffic and consumer demand. As one of the leading national brands in the region, McDonald’s serves a broad customer base and benefits from limited national QSR competition in the immediate trade area. The site’s long operating history further highlights its status as a well-established, irreplaceable retail location within the Harlan community. Listed in conjunction with Kentucky licensee.

FOR SALE DETAILS

PRICE

$2,286,000 USD

PRICE/SF

$384 USD /SF

CAP RATE

3.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McDonald's Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

-

APN/PARCEL ID

083-20-00-023.00

ASK ABOUT THIS PROPERTY

Spencer HendersonCushman & WakefieldMore Info
925-788-6201

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Spencer HendersonCushman & WakefieldMore Info
925-788-6201

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.