McDonald's Net Lease

McDonald’s | New Port Richey, FL


Sands Investment Group is Pleased to Exclusively Offer For Sale the McDonald’s Net Lease Investment Opportunity Located at 5309 US Highway 19 S in New Port Richey, Florida.

  • 10 Years Remaining on a Corporately Guaranteed Ground Lease From One of the World’s Most Recognizable Brands
  • Opportunity to Acquire One of the Top Performing Quick Service Restaurant Chains
  • Recent Facade and Indoor Renovations Have Shown Tenant’s Future Commitment to the Site
  • Property Contains a Drive-Thru in Addition to Over 30 Parking Spaces
  • Tenant Has Been at This Location Since 1969
  • Property is an Outparcel to the Southgate Shopping Center Which is a 285,000 Square Foot Center Anchored By Publix,  Big Lots, TJ Maxx, and Old Time Pottery
  • Property Location Provides the Benefits of an Income Tax Free State
  • The McDonald’s is Subject to Over 62,200 Vehicles Per Day, Providing Excellent Exposure
  • Daytime Employment of Over 44,500 Employees Within a 3-Mile Radius, Providing High Lunchtime Traffic
  • Immediate Area Has Experienced an Approximate 12% Population Growth Rate Over the Past Ten Years, With Future Population Growth Expected to Exceed Over Same Period

In Cooperation With SIG RE Services, LLC – Lic. # CQ1055229

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McDonald’s

 

  • Remodeled in 2012 to New Prototype with Double Drive-thru 24 Hour Location and Play Place
  • World’s Largest Fast Food Chain with Revenue in Excess of $27 Billion
  • Long Term Lease Recently Renegotiated Expires 2036
  • Guaranty from McDonald’s Corporate
  • 10% Rental Escalations Every 5 Years (Next in 2021)
  • Strong Demos with Population of 290k Residents within 5 Miles
  • Excellent Traffic Count of 32,087 VPD on Eastway Drive at Woodland Drive and 29,823 VPD on Eastway Drive at Central Avenue
  • In Cooperation with JDS Real Estate Services, Inc. – Lic #: 281180

*NOI Based off August 2016 Rental Increase. Seller will Credit Back Buyer