ADVISORY AND TRANSACTIONAL SERVICES FOR SELLERS AND INVESTORS

McDonald’s – Lakeland, FL – Ground Lease

4220 Clubhouse Road
Sold

SOLD PRICE: $1,446,875
CAP RATE: 4.1%

  • McDonald’s is the #1 fast food company and 6th most valuable brand in the world and has a S&P A credit rating
  • 20-year ground lease with zero landlord responsibilities
  • New construction along Highway 98 S with 39,000 cars ADT; located across from 95K+ sf Publix-anchored shopping center
  • Florida has NO STATE INCOME TAX
  • Rent increases with options to extend lease
  • Over 67,000 people, with an average household income of $77K+, within five miles
  • There are no features available

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$1,446,875

4,317 sf

Price:

$1,446,875

Cap Rate:

4.1%

Building Size:

4,317 sf

SF Land Area:

2.11 acres

Current NOI:

$60,000

Lease Type:

Ground Lease

Remaining Term:

19.5 Years

Status:

Closed

CONTACT BROKER

Michael Zimmerman

(919) 391-9901

Download Offering Memorandum
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