Close of Escrow: McDonald’s in Rochester, NY
SIG is pleased to announce the recent Close of Escrow on McDonald’s located in Rochester, New York.
Investment Highlights Include:
- World’s Largest Fast Food Chain with Revenue in Excess of $27 Billion
- Absolute Triple Net Ground Lease – No Landlord Responsibility
- McDonald’s Corporate Guaranteed Lease
- Recently Executed a Long Term Lease Extension of 25 Years
- 7.5% Rental Escalations Every 5 Years
- Strong Demographics with Population of 197,814 Residents Within a 5-Mile Radius
- Excellent Combined Traffic Counts of 22,898 VPD on Chili Avenue and Brooks Avenue
- Located Near the Corporate Headquarters of Wegman’s and the Greater Rochester International Airport
In Cooperation with JDS Real Estate Services, Inc – BoR: Greg Balderacchi Lic # 10311205665
Closing Price: $1,650,000
Closing CAP: 4.10%
Listing Agents: Adam Scherr
For More Information Contact:
Adam Scherr
Lic #01925644
310.853.1266
adam@SIGnnn.com
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