$4,085,000 USD
949-903-3399
273 Cottage Grove Rd
Bloomfield, CT 06002
Bloomfield/Windsor
HIGHLIGHTS
- Corporate Ground Lease – 8.7 Years Remaining in Primary Term – Four 5-Year Option Periods
- Long-Term Operating History – Tenant has Successfully Operated at this Location for 32 Yrs - Strong Rent Bumps – 12% Increases Every 5 Years
- Below-Market Rent Provides Long-Term Upside - Strong Store Performance – Ranked 79th Percentile Nationwide (Placer.ai)
- 4,149 SF QSR Building with a Double Drive-Thru – Large 1.35-Acre Parcel - Positioned on Cottage Grove Road (22,700 VPD) – Excellent Visibility & Ingre
- Outparcel to Copaco Center - A Dominant, Grocery-Anchored Shopping Center
- Strong Demographics – 186,900+ Residents within a 5-Mile Radius - Average Household Income Exceeding $110,100 within a 5-Mile Radius
OVERVIEW
The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire a McDonald’s ground lease in Bloomfield, CT. McDonald’s, a publicly-traded company (NYSE: MCD), has an investment-grade credit rating of BBB+ from S&P (Moody’s: Baa1) and operates 44,000+ locations in over 100 countries. With a market cap exceeding $219 billion and 70 years of operating history, McDonald’s has long reigned supreme in the fast-food industry.
FOR SALE DETAILS
PRICE
$4,085,000 USD
PRICE/SF
$985 USD /SF
CAP RATE
4.3%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
McDonald's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
29
LAND DETAILS
LAND ACRES
1.35 AC
LAND SF
58,806 SF
ZONING
I-1
APN/PARCEL ID
BLOO-000881-000000-001008-R000545
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949-903-3399
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949-903-3399
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