McDonalds Corp Ground Lease
3101 Alamo Drive
Vacaville, CA 95687
Price: $3,846,000Cap Rate: 3.25%NOI: $125,000Building SF: 3,802 SFLot Size: 27,878 SFYear Built: 2019Status: Under Contract
INVESTMENT HIGHLIGHTS:
Attractive Long Term Absolute NNN Ground Lease Agreement
- Approximately 17.5 years remaining on the 20-year absolute NNN ground lease with McDonalds Corp.
- Completely passive NNN investment – ZERO landlord responsibilities.
- 10% increase in just over two years and every 5 years thereafter.
Investment Grade Tenant – World’s Largest Fast-Food Restaurant
- McDonald’s is an investment grade tenant, rated “BBB+” by Standard & Poor’s.
- Largest restaurant owner in the world with 2020 systemwide sales of $93 billion across 39,000 stores and 119 countries.
- Number 1 for 2021 QSR Top 50 in Burger Segment and Overall, in QSR Magazine (2021).
Ideally Located Pad In Grocery Anchored Center at Signalized Intersection
- Well located freestanding pad in front of a Raley’s Supermarket anchored shopping center.
- Surrounding my numerous national tenants including Wells Fargo Bank, Round Table Pizza, H&R Block, 7-Eleven, AutoZone and ARCO AM/PM, Dutch Bros Coffee and many others.
- High traffic with 29,900 cars per day at the signalized intersection.
Newest McDonald’s Prototype Format with Double Drive Thru
- Maximizing the amount of customer traffic with 70% of sales coming through its drive thru, a key to their explosive revenues through the pandemic
COVID-19 and Ecommerce Resistant Tenant
- McDonald’s provides an Essential Service and has remained open for business and paying rent throughout the pandemic.
- McDonald’s is doubling down on digital and delivery app identifying them as growth strategies and key in the year ahead.
Densely Populated Trade Area with Exceptional Demographics
- 124,397 people in the 5-mile radius
- 41,488 households in 5-mile radius.
- $113,180 average household incomes in 1-mile radius.
Well Located Central California Location
- Oakland International Airport – approx. 1 hour
- Downtown San Francisco – approx. 1 hour
- Napa Wine Country – approx. 39 minutes
- Sacramento – approx. 40 minutes