4804 50th Ave - Fast Food FOR SALE


Fort Nelson, BC V0C 1R0
$1,200,000 CAD
778-200-2579
4804 50th Ave, Fort Nelson, BC for Sale
$1,200,000 CAD
Fast Food - FOR SALE
1/8
null | 5% Cap Rate

4804 50th Ave
Fort Nelson, BC V0C 1R0


HIGHLIGHTS

  • Secured by McDonald's Restaurants of Canada Limited, the corporate operator backed by McDonald's Corporation (NYSE: MCD)
  • 20-year primary term with rent escalations of approximately 8% every five years, plus 2 x 10-year renewal options.
  • As a ground lease, the Tenant owns the building and covers all taxes, insurance, utilities, and maintenance.
  • Positioned on 50th Avenue in Fort Nelson's primary commercial corridor, with strong visibility from the Alaska Highway (Highway 97).
  • Purpose-built dual lane drive-thru serving a full McDonald's restaurant operation, a core QSR profit driver that reinforces sales volume.
  • The approximately 4,373 SF restaurant and all site improvements were built and are owned by the Tenant at its sole cost.

OVERVIEW

Marcus & Millichap has been exclusively retained by the Vendor to offer for sale the 100% freehold interest in 4804 - 50th Avenue N, Fort Nelson, British Columbia (the "Subject Property") - a rare opportunity to acquire a single-tenant, absolute-net ground lease leased to McDonald's Restaurants of Canada Limited (“McDonald's”). McDonald's-leased investment properties are seldom brought to market in Western Canada, and rarer still in British Columbia, making this an exceptional acquisition for investors seeking exposure to one of the world's most recognized corporate covenants. The lease features contractual rental escalations through the current term running to 2043, backed by two additional ten-year renewal options, offering investors a long-duration, guaranteed income stream with effectively no landlord obligations. McDonald's demonstrated its long-term commitment to the site with a multi-milliondollar investment in an entirely new, purpose-built restaurant constructed in 2023, including a dual lane drive-thru configuration - with nearly all improvements funded solely by McDonald's corporate. This scal e of capital investment underscores McDonald's confidence in the Fort Nelson trade area and its intention to operate at this location well into the future. Positioned on 50th Avenue N with direct visibility from the Alaska Highway - Fort Nelson's primary commercial corridor and the principal service hub for the entire Northern Rockies region - the Subject Property offers investors a secure, low-maintenance asset leased to a dominant national tenant deeply invested in the marketplace.

FOR SALE DETAILS

PRICE

$1,200,000 CAD

PRICE/SF

$274 CAD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McDonalds

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

C6

APN/PARCEL ID

012-327-298

ASK ABOUT THIS PROPERTY

Joe GenestMarcus & MillichapMore Info
778-200-2579

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Joe GenestMarcus & MillichapMore Info
778-200-2579

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