3301 Pontchartrain Dr - Fast Food FOR SALE


Slidell, LA 70458- Outlying St Tammany Parish
$1,526,133 USD
408-510-9057
3301 Pontchartrain Dr, Slidell, LA for Sale
$1,526,133 USD
Fast Food - FOR SALE
1/3
null | 4.5% Cap Rate

3301 Pontchartrain Dr
Slidell, LA 70458
Outlying St Tammany Parish


HIGHLIGHTS

  • Corporate-Guaranteed NNN Ground Lease by McDonald's Corporation (NYSE: MCD) with Zero Landlord Responsibilities
  • ±2 Years Remaining with Four (4) Five-Year Renewal Options Extending Through 2048
  • Scheduled 10% Rent Increases Every 5 Years
  • Long-Operating McDonald's Location Since 2008, Demonstrating Nearly 18 Years of Tenant Commitment
  • Positioned Along Pontchartrain Drive (±13,750 VPD) with Convenient Access to Interstate 10
  • Located Within the New Orleans MSA (972,261 Residents) with Major Employers Including Ochsner Health, Tulane University, and Entergy

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding McDonald's drive-thru located at 3301 Pontchartrain Drive in Slidell, Louisiana, approximately 29 miles from New Orleans within the Greater Northshore trade area. The ±3,307-square-foot restaurant, built in 2008, sits on ±1.06 acres and is secured by a corporate-guaranteed NNN ground lease with approximately 2 years remaining through July 2028, zero landlord responsibilities, and four (4) five-year renewal options extending potential tenant occupancy through 2048. The property generates $68,680 in annual base rent at a 4.50% cap rate, with scheduled 10% rent increases every five years providing built-in income growth. The lease is corporate-guaranteed by McDonald's Corporation (NYSE: MCD), one of the largest restaurant organizations in the world with 45,000+ locations, $26.8 billion in 2025 revenue, and over 150,000 employees. The property is positioned along Pontchartrain Drive (±13,750 VPD), a primary commercial corridor connecting central Slidell with Interstate 10 and Fremaux Avenue, with corridor neighbors including Chase, Wendy's, Ace Hardware, Walgreens, and Dollar General. The 5-mile trade area holds 84,498 residents with an average household income of $106,823, and nearby schools include Slidell High School (1,654 students) and Salmen High School (1,091 students). The asset sits within the New Orleans MSA, home to 972,261 residents with an average household income of $100,035, and supported by major employers including Ochsner Health, Tulane University, Entergy, and Huntington Ingalls Industries. This long-operating McDonald's, in place since 2008, pairs the strength of one of the world's most recognized QSR brands with passive, ground-lease income in a growing Northshore market.

FOR SALE DETAILS

PRICE

$1,526,133 USD

PRICE/SF

$462 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

C

APN/PARCEL ID

89623

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

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