Vacant-User
4804 50th Ave N, Fort Nelson, B.C.
4804 50th Ave N, Fort Nelson, B.C., Fort Nelson, BC V0C 1R0
Listing Price: $1,200,000
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the 100% freehold interest in 4804-50th Avenue N, Fort Nelson, British Columbia (the “Subject Property”), a rare opportunity to acquire a single-tenant absolute net ground lease secured by McDonald's Restaurants of Canada Limited (“McDonald's”). Opportunities to acquire McDonald's-leased assets in Western Canada are exceptionally limited, particularly in British Columbia, offering investors exposure to one of the world's premier quick-service restaurant brands and corporate covenants.
The lease provides contractual rental escalations throughout the current term to 2043, together with two additional 10-year renewal options, delivering long-term income growth with virtually no landlord responsibilities. In 2023, McDonald's reinforced its commitment to the location through a substantial investment in a new prototype restaurant featuring a dual-lane drive-thru, with the building and improvements funded and owned by the tenant under the ground lease structure.
Strategically positioned along 50th Avenue North with direct visibility from the Alaska Highway (Highway 97), the Subject Property occupies a premier commercial location within Fort Nelson, the principal service centre for the Northern Rockies region. The investment offers secure, passive income backed by a globally recognized tenant with a significant long-term commitment to the market.
Investment Highlights
- Leased to McDonald's Restaurants of Canada Limited, backed by McDonald's Corporation (NYSE: MCD), one of the world's most recognized brands.
- 20-year ground lease with ~8% rent increases every five years plus 2 x 10-year options. Tenant covers all expenses, delivering passive ownership.
- Prominent location along Fort Nelson's primary commercial corridor with exposure to the Alaska Highway, providing exceptional visibility and access.
- Purpose-built dual-lane drive-thru restaurant featuring McDonald's current prototype design, supporting operational efficiency and long-term tenancy.
- Fort Nelson serves as the primary commercial hub along the Alaska Highway corridor, drawing residents, resource-sector workers, and travellers.
- Tenant-funded and tenant-owned ±4,373 SF restaurant and site improvements eliminate landlord capital obligations and reinforce tenant commitment.
Exclusively Listed By
Vacant-User
4804 50th Ave N, Fort Nelson, B.C.
Listing Price: $1,200,000
Investment Highlights
- Leased to McDonald's Restaurants of Canada Limited, backed by McDonald's Corporation (NYSE: MCD), one of the world's most recognized brands.
- 20-year ground lease with ~8% rent increases every five years plus 2 x 10-year options. Tenant covers all expenses, delivering passive ownership.
- Prominent location along Fort Nelson's primary commercial corridor with exposure to the Alaska Highway, providing exceptional visibility and access.
- Purpose-built dual-lane drive-thru restaurant featuring McDonald's current prototype design, supporting operational efficiency and long-term tenancy.
- Fort Nelson serves as the primary commercial hub along the Alaska Highway corridor, drawing residents, resource-sector workers, and travellers.
- Tenant-funded and tenant-owned ±4,373 SF restaurant and site improvements eliminate landlord capital obligations and reinforce tenant commitment.
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the 100% freehold interest in 4804-50th Avenue N, Fort Nelson, British Columbia (the “Subject Property”), a rare opportunity to acquire a single-tenant absolute net ground lease secured by McDonald's Restaurants of Canada Limited (“McDonald's”). Opportunities to acquire McDonald's-leased assets in Western Canada are exceptionally limited, particularly in British Columbia, offering investors exposure to one of the world's premier quick-service restaurant brands and corporate covenants. The lease provides contractual rental escalations throughout the current term to 2043, together with two additional 10-year renewal options, delivering long-term income growth with virtually no landlord responsibilities. In 2023, McDonald's reinforced its commitment to the location through a substantial investment in a new prototype restaurant featuring a dual-lane drive-thru, with the building and improvements funded and owned by the tenant under the ground lease structure. Strategically positioned along 50th Avenue North with direct visibility from the Alaska Highway (Highway 97), the Subject Property occupies a premier commercial location within Fort Nelson, the principal service centre for the Northern Rockies region. The investment offers secure, passive income backed by a globally recognized tenant with a significant long-term commitment to the market.
Exclusively Listed By