9596 Livingston Rd - Fast Food FOR SALE


Fort Washington, MD 20744
$3,000,000 USD
202-286-1542
9596 Livingston Rd, Fort Washington, MD for Sale
$3,000,000 USD
Fast Food - FOR SALE
1/10
null | 4% Cap Rate

9596 Livingston Rd
Fort Washington, MD 20744


HIGHLIGHTS

  • Approximately 16 Years Remaining | Corporate Guaranteed Ground Lease | Scheduled Rental Increases | Investment Grade Tenant (S&P: BBB+)
  • Absolute NNN Ground Lease | Leased Fee Ownership | Zero Landlord Responsibilities
  • Outparcel to Shoppes at Livingston Square | MD-210 (80,000 VPD) | Interstate 495 (236,700 VPD) | Strong Placer.AI Rankings
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the land ownership in an absolute NNN ground leased, McDonald’s investment property located in Fort Washington, Maryland. The tenant, McDonald’s, has approximately 16 years remaining on their lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The ground lease provides zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$676 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

McDonald's | Absolute NNN Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

CGO

APN/PARCEL ID

05-0316968

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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