McDonald's Ground Lease
Pinole
,
CA
California
SF Bay Area
Call for Details
$
4,242,000
.svg)
Call for Details
3.65
%
CAP Rate
50-Year Operating History
with Recent Tenant Investment in Site
Leased to McDonald's Corporation
World's Most Iconic Fast Food Brand with 45k+ Locations in 100+ Countries
Immediate Access to
I-80
Located at the Appian Way/Tara Hills Drive Interchange
Property details
- Corporate Absolute NNN Ground Lease to McDonald’s (NYSE: MCD)
- Approximately 11 Years of Primary Term Remaining
- Scheduled ~10% Rent Growth in 2027, 2032, and at Options
- Four 5-Year Renewal Options which Renew Automatically
- Zero Landlord Responsibility
- Leased to McDonald’s Corporation, Not a Franchisee or McDonald’s USA, LLC
- Investment Grade Tenant, Rated BBB+ by S&P and Baa1 by Moody’s
- World’s Largest Quick-Service Restaurant Brand, Serving 70M+ Customers Daily (45,000+ Locations Worldwide)
- Established Location - 50 Years of Continuous Operation at this Site (Since 1976)
- Irreplaceable Interstate 80 Interchange Location - 184,000 ADT at Appian Way
- Comprehensive 2020 Building Modernization, Showing Tenant’s Commitment to the Site
- Total Architectural and Operational Transformation Designed by McDonald’s Corporate
- Included Addition of Dual Drive-Thru & Mobile Pickup Stalls, Modern Facade & Signage, Overhauled Interior, and More
- Consistent, Daily Traffic Drivers Surrounding the Site
- Neighbored by Professional & Medical Office Buildings, Pinole Middle School, Shannon Elementary, and Tara Hills Elementary
- 1.5 Miles from Pinole Valley High School
- 17 Miles to Oakland & 27 Miles to San Francisco
- San Francisco Bay Area Total Population of 7.55 Million
- MSA GDP of $681.9 Billion
- Tenant Responsible for Property Tax Reassessment Upon Sale
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387
Vahe Nokhoudian
Partner
CA RE Lic #01963342