Restaurant
McDonald's Ground Lease | 10% Increase in 2028 | Pad to Super Target
5190 State Rte 100, Palm Coast (Daytona Beach MSa), FL 32164
Listing Price: $3,227,000
Cap Rate
4.50%
Tenant Name
McDonald's
Years Remaining On Lease
2.6
Guarantor
Corporate Guarantee
Rentable SF
3,916
Lease Type
NNN Ground Lease
Rent Per Square Feet
$37.08
Investment Overview
Marcus & Millichap is pleased to present the McDonald's Ground Lease in Palm Coast, FL.
McDonald's Ground Lease | 10% Increase in 2028 | Pad to Super Target
Investment Highlights
- 20-Year Absolute NNN Ground Lease with 3 Years Remaining
- 10% Increases Every 5 Years, Next Rental Increase in 2028
- McDonald's Recently Completed Interior/Exterior Remodel, Including Double Drive-Thru
- Corporate Guaranty (NYSE: MCD), Largest Fast Food Business in the World
- Average Unit-Level Sales Exceed $4 Million, Equates to a 3.63% Rent-to-Sales Ratio at This Location
- Serving Over 60,000 Residents in Rapidly Growing Daytona Beach Suburb
- Flager County is One of the Fastest Growing Counties in the U.S., 40% Projected Population Growth from 2025-2050
- Average Household Incomes Exceed $93,000 in 3 Miles and $106,000 in 5 Miles
Restaurant
McDonald's Ground Lease | 10% Increase in 2028 | Pad to Super Target
Listing Price: $3,227,000
Cap Rate
4.50%
Tenant Name
McDonald's
Years Remaining On Lease
2.6
Guarantor
Corporate Guarantee
Rentable SF
3,916
Lease Type
NNN Ground Lease
Rent Per Square Feet
$37.08
Investment Highlights
- 20-Year Absolute NNN Ground Lease with 3 Years Remaining
- 10% Increases Every 5 Years, Next Rental Increase in 2028
- McDonald's Recently Completed Interior/Exterior Remodel, Including Double Drive-Thru
- Corporate Guaranty (NYSE: MCD), Largest Fast Food Business in the World
- Average Unit-Level Sales Exceed $4 Million, Equates to a 3.63% Rent-to-Sales Ratio at This Location
- Serving Over 60,000 Residents in Rapidly Growing Daytona Beach Suburb
- Flager County is One of the Fastest Growing Counties in the U.S., 40% Projected Population Growth from 2025-2050
- Average Household Incomes Exceed $93,000 in 3 Miles and $106,000 in 5 Miles
Investment Overview
Marcus & Millichap is pleased to present the McDonald's Ground Lease in Palm Coast, FL.
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