RARE CRE and Omicrom Group of Companies are pleased to present the McDonald’s Outparcel at City National Bank Plaza — a prime 0.61-acre ground lease investment located at 7030 W Palmetto Park Road in Boca Raton, Florida.
This 4,120 SF McDonald’s is positioned on a high-visibility corner with 231 feet of direct frontage along Palmetto Park Road, one of the area’s main east-west thoroughfares. The property is currently in the tenant’s option renewal period, with three (3) remaining options, providing ongoing stability and long-term income potential.
Ground leases to nationally recognized tenants like McDonald’s Corporation are among the most sought-after investment types in the market. Given the brand’s exceptional credit, strong sales performance, and irreplaceable location within one of South Florida’s most affluent submarkets, this outparcel has the potential to be sold separately at a premium.
The current rent is $195,000 annually, and the tenant holds a Right of First Refusal (ROFO) on the demised premises, further enhancing the investment's flexibility and exit strategy.
This McDonald’s Outparcel is part of the “Powerline Portfolio” — a 510,155 RSF collection of mixed-use properties strategically located along Powerline Road in Boca Raton. The portfolio includes:
City National Bank Plaza, including this McDonald’s Outparcel
Fountains Center at Powerline & W Camino Real
The Boardwalk at Powerline & SW 18th Street
Grove Centre at Powerline & Boca Grove Boulevard
All assets within the Powerline Portfolio are available for sale.
CALL FOR OFFERS - JUNE 13, 2025