Restaurant
McDonald's
3659 Simpson Stuart Rd, Dallas, TX 75241
Listing Price: $2,552,534
Cap Rate
3.75%
Tenant Name
McDonald's
Years Remaining On Lease
20.5
Gross SF
3,780
Guarantor
Corporate Guarantee
Rentable SF
3,780
Price/Gross SF
$675.27
Lease Type
NNN Ground Lease
Rent Per Square Feet
$25.13
Investment Overview
See Highlights
Investment Highlights
- Best in Class Tenant - Lease guaranteed by McDonald's Corporation (NYSE:MCD) (S&P: BB+), which reported global revenues of $25.9 billion in 2024.
- Strong Population - With 160,000+ residents and 53,000+ households within 5 miles, there is an ample customer base for the tenant.
- Growing Trade Area - The property is next to two new pads under development for future QSR, creating a strong synergetic area for the tenant.
- Dallas MSA - Located in Southeast Dallas, the Property is situated in one of the nation's largest employment markets with nearly 4.3 million jobs.
- Brand New Ground Lease - Absolute NNN with a new 20-Year term starting at close of escrow. Building will be built in 2026 on a 1.12 acre parcel.
Exclusively Listed By
Listing Price: $2,552,534
Cap Rate
3.75%
Tenant Name
McDonald's
Years Remaining On Lease
20.5
Gross SF
3,780
Guarantor
Corporate Guarantee
Rentable SF
3,780
Price/Gross SF
$675.27
Lease Type
NNN Ground Lease
Rent Per Square Feet
$25.13
Investment Highlights
- Best in Class Tenant - Lease guaranteed by McDonald's Corporation (NYSE:MCD) (S&P: BB+), which reported global revenues of $25.9 billion in 2024.
- Strong Population - With 160,000+ residents and 53,000+ households within 5 miles, there is an ample customer base for the tenant.
- Growing Trade Area - The property is next to two new pads under development for future QSR, creating a strong synergetic area for the tenant.
- Dallas MSA - Located in Southeast Dallas, the Property is situated in one of the nation's largest employment markets with nearly 4.3 million jobs.
- Brand New Ground Lease - Absolute NNN with a new 20-Year term starting at close of escrow. Building will be built in 2026 on a 1.12 acre parcel.
Investment Overview
See Highlights
Exclusively Listed By