Tenant: McDonald’s Premises: 4,597 SF Renewal Options: 8 x 5 Year
Lease Expiration: 11/12/34 Lease Type: Absolute NNN Ground Lease Rental Increases: 10% Every 5 Years
Absolute NNN Ground Lease with No Landlord Responsibilities
18 Years Remain on New 20 Year Lease
10% Rent Escalations Every 5 Years
8 x 5 Year Renewal Options
McDonald’s Corporate Guarantee
Located at Signalized Intersection with Strong Visibility and Traffic Counts – Over 22,000 VPD
1 Mile from West Virginia University Mountain State Campus and Located Across the Street from Intermodal Gateway Bus Terminal (Recently Renovated)
Population of Over 44,000 Residents Within a 5 Mile Radius
Excellent Location – Beckley, WV is the HUB of the Southern West Virginia Trade Area
Neighboring Tenants Include: Walgreens, Dollar General, DaVita Dialysis, Sheetz and Chase Bank
In Cooperation with Nancy McBride Lic # WV0002673
McDonald's is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries across 36,538 outlets. Founded in the United States in 1940, the company began as a barbecue restaurant operated by Richard and Maurice McDonald. In 1948, they reorganized their business as a hamburger stand using production line principles. Businessman Ray Kroc joined the company as a franchise agent in 1955. He subsequently purchased the chain from the McDonald brothers and oversaw its worldwide growth. Based in Oak Brook, Illinois, McDonald's confirmed plans to move its global headquarters to Chicago by early 2018.
A McDonald's restaurant is operated by either a franchisee, an affiliate, or the corporation itself. The McDonald's Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants. According to a 2012 BBC report, McDonald's is the world's second largest private employer—behind Walmart—with 1.9 million employees, 1.5 million of whom work for franchises.