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