Restaurant
McDonald's | New 20-Year NNN Ground Lease
4164 Berryhill Rd, Pace (Pensacola MSA), FL 32571
Listing Price: $2,300,000
Cap Rate
3.85%
Tenant Name
McDonald's
Years Remaining On Lease
19.3
Guarantor
Corporate Guarantee
Rentable SF
3,700
Lease Type
NNN Ground Lease
Rent Per Square Feet
$24.86
Investment Overview
Marcus & Millichap is pleased to present the McDonald's Ground Lease in Pace, Florida.
McDonald's | New 20-Year NNN Ground Lease
Investment Highlights
- 20-Year Absolute NNN Ground Lease With Rental Increases Every 5 Years
- Corporate Guaranty (NYSE: MCD) | Investment Grade Credit Rated "BBB+" by S&P
- Globally Recognized Brand with Over 46,000 Locations in More Than 100 Countries
- McDonald's Averages $4 Million in Unit-Level Sales | Equates to a 2.32% Rent-to-Sales Ratio at This Location
- Significant Tenant Capital Investment to Build New Prototype Restaurant With Dual Drive-Thru
- Strategically Located in Santa Rosa County's Fastest-Growing Residential and Commercial Corridors
- Directly Across from New Walmart Next-Gen Neighborhood Market and Adjacent to New Wawa and Heartland Dental
- Down the Street from 829-Acre Master-Planned Development With 2,350 Homes at Full Buildout
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division
Financing By
Restaurant
McDonald's | New 20-Year NNN Ground Lease
Listing Price: $2,300,000
Cap Rate
3.85%
Tenant Name
McDonald's
Years Remaining On Lease
19.3
Guarantor
Corporate Guarantee
Rentable SF
3,700
Lease Type
NNN Ground Lease
Rent Per Square Feet
$24.86
Investment Highlights
- 20-Year Absolute NNN Ground Lease With Rental Increases Every 5 Years
- Corporate Guaranty (NYSE: MCD) | Investment Grade Credit Rated "BBB+" by S&P
- Globally Recognized Brand with Over 46,000 Locations in More Than 100 Countries
- McDonald's Averages $4 Million in Unit-Level Sales | Equates to a 2.32% Rent-to-Sales Ratio at This Location
- Significant Tenant Capital Investment to Build New Prototype Restaurant With Dual Drive-Thru
- Strategically Located in Santa Rosa County's Fastest-Growing Residential and Commercial Corridors
- Directly Across from New Walmart Next-Gen Neighborhood Market and Adjacent to New Wawa and Heartland Dental
- Down the Street from 829-Acre Master-Planned Development With 2,350 Homes at Full Buildout
Investment Overview
Marcus & Millichap is pleased to present the McDonald's Ground Lease in Pace, Florida.
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division
Financing By
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