Restaurant
McDonald's Ground Lease - Long-Standing Site Since 1983
9601 Jefferson Hwy, River Ridge, LA 70123
Listing Price: $2,200,000
Investment Overview
Marcus & Millichap is pleased to present for sale McDonal'ds in River Ridge, Louisiana. McDonald’s Corporation (NYSE: MCD) is an American fast food chain, well-known for its hamburgers. From humble beginnings as a small restaurant, McDonald’s has grown to become one of the world’s leading food service brands with nearly 40,000 restaurants in more than 100 countries.
River Ridge is a community in Louisiana's Jefferson Parish, a suburb of New Orleans. Home to over 13,500 residents, River Ridge is located along a three mile stretch of Jefferson Highway. The community is conveniently located 20 minutes from Downtown New Orleans and 10 minutes from Louis Armstrong New Orleans International Airport.
McDonald's Ground Lease - Long-Standing Site Since 1983
Investment Highlights
- 15 Years Remaining on Absolute Triple-Net (NNN) Corporate Ground Lease with McDonald's (NYSE: MCD)
- 10 Percent Rental Increases Every Five Years
- Original Building from 1983 was Completely Demolished and Rebuilt to McDonald's Newest Prototype in 2018
- Long Term Tenancy - McDonald's has Operated at this Location for 40 Plus Years, Showing Commitment to the Site
- Excellent Frontage Along Jefferson Highway (24,000 Cars per Day)
- Dense Location in the New Orleans MSA with 204,320 Residents in a Five-Mile Radius
- Outparcel to Breaux Mart Grocery Store and CVS
- Average Household Income Exceeds $113,000 in the Immediate Area
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Restaurant
McDonald's Ground Lease - Long-Standing Site Since 1983
Listing Price: $2,200,000
Investment Highlights
- 15 Years Remaining on Absolute Triple-Net (NNN) Corporate Ground Lease with McDonald's (NYSE: MCD)
- 10 Percent Rental Increases Every Five Years
- Original Building from 1983 was Completely Demolished and Rebuilt to McDonald's Newest Prototype in 2018
- Long Term Tenancy - McDonald's has Operated at this Location for 40 Plus Years, Showing Commitment to the Site
- Excellent Frontage Along Jefferson Highway (24,000 Cars per Day)
- Dense Location in the New Orleans MSA with 204,320 Residents in a Five-Mile Radius
- Outparcel to Breaux Mart Grocery Store and CVS
- Average Household Income Exceeds $113,000 in the Immediate Area
Investment Overview
Marcus & Millichap is pleased to present for sale McDonal'ds in River Ridge, Louisiana. McDonald’s Corporation (NYSE: MCD) is an American fast food chain, well-known for its hamburgers. From humble beginnings as a small restaurant, McDonald’s has grown to become one of the world’s leading food service brands with nearly 40,000 restaurants in more than 100 countries. River Ridge is a community in Louisiana's Jefferson Parish, a suburb of New Orleans. Home to over 13,500 residents, River Ridge is located along a three mile stretch of Jefferson Highway. The community is conveniently located 20 minutes from Downtown New Orleans and 10 minutes from Louis Armstrong New Orleans International Airport.
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