HIGHLIGHTS
- New long-term 20-year absolute NNN ground lease; landlord has ZERO responsibilities
- Corporate guarantee from true investment grade tenant McDonald's (NYSE: MCD) and a 2026 opening date
- Strong scheduled rent increases of 10% every five years through the primary term and option periods
- New traffic-drawing tenants of Fry's Marketplace and EOS Fitness at the intersection of Power Road and Elliot Road
FOR SALE DETAILS
PRICE
$3,467,000 USD
PRICE/SF
$1,156 USD /SF
CAP RATE
3.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STNL MCDONALD'S | ABSOLUTE NNN GROUND LEASE
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Fast Food, Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.73 AC
LAND SF
32,014 SF
ZONING
-
APN/PARCEL ID
304-19-992
ASK ABOUT THIS PROPERTY
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602-734-7218
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602-734-7218
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
