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Restaurant

Corporate McDonald's | 40+ Year Occupancy | 2009 Rebuild | Absolute Net Ground Lease

481 Hyde Park Rd, Leechburg, PA 15656

Listing Price: $1,089,000

Cap Rate
4.00%
Tenant Name
McDonald's
Years Remaining On Lease
6.4
Guarantor
Corporate Guarantee
Rentable SF
4,625
Lease Type
Ground Lease
Rent Per Square Feet
$9.42

Investment Overview

Marcus & Millichap is pleased to bring the Mcdonald's Corporate Gound Leased property to market. The Subject Property is located in Leechburg, PA.

Investment Highlights

  • Absolute Net Ground Lease | No Landlord Responsibilities | 6+ Years Remaining | Strong Commitment to Location | McDonald's Occupied Premises Since 1981 (40+ Years)
  • Originally Built in 1981 | Demolished and Re-Built in 2009 | Newly Renovated Interior December 2022
  • Lease is Subject to a 10% Rent Increase on 7/1/2024 | Increases Cash Flow to 4.40% at the List Price
  • Strategically Positioned at the Corner of Hyde Park Road and PA-56, The Most Trafficked Road in Leechburg
  • Limited Competition: Nearest McDonald's Location is 9 Miles Away
  • Located within Proximity to Several National Tenants, Including Giant Eagle Supermarket, Family Dollar, AAP, Taco Bell, Pizza Hut, Wendy's, and More
  • Across Hyde Park Road From Kiski Intermediate and Highschool | Approximately 1,900 Students & Staff
  • Leechburg is 35 Miles Northeast of Downtown Pittsburgh

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Financing By

Restaurant

Corporate McDonald's | 40+ Year Occupancy | 2009 Rebuild | Absolute Net Ground Lease

Listing Price: $1,089,000

Cap Rate
4.00%
Tenant Name
McDonald's
Years Remaining On Lease
6.4
Guarantor
Corporate Guarantee
Rentable SF
4,625
Lease Type
Ground Lease
Rent Per Square Feet
$9.42

Investment Highlights

  • Absolute Net Ground Lease | No Landlord Responsibilities | 6+ Years Remaining | Strong Commitment to Location | McDonald's Occupied Premises Since 1981 (40+ Years)
  • Originally Built in 1981 | Demolished and Re-Built in 2009 | Newly Renovated Interior December 2022
  • Lease is Subject to a 10% Rent Increase on 7/1/2024 | Increases Cash Flow to 4.40% at the List Price
  • Strategically Positioned at the Corner of Hyde Park Road and PA-56, The Most Trafficked Road in Leechburg
  • Limited Competition: Nearest McDonald's Location is 9 Miles Away
  • Located within Proximity to Several National Tenants, Including Giant Eagle Supermarket, Family Dollar, AAP, Taco Bell, Pizza Hut, Wendy's, and More
  • Across Hyde Park Road From Kiski Intermediate and Highschool | Approximately 1,900 Students & Staff
  • Leechburg is 35 Miles Northeast of Downtown Pittsburgh

Investment Overview

Marcus & Millichap is pleased to bring the Mcdonald's Corporate Gound Leased property to market. The Subject Property is located in Leechburg, PA.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

Financing By

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