November Capital / May 12, 2023
With over 40,000 restaurants worldwide, McDonald’s holds steady as a dominant player in the fast food space. Net lease investors – especially all cash 1031 exchange buyers – continue to use their ground leased properties as wealth management tools to preserve wealth and defer taxes.
Passive lease structure (typically ground lease) and investment grade credit (as of May 2023) make McDonald’s NNN deals a highly desirable choice for many.
5/8/2023 – McDonald’s – Collierville, TN – Ground lease sells for $1.8M (4.50% Cap Rate)
4/11/2023 – McDonald’s – Winchester, CA – 20 year ground lease sells for $3.31M (3.48% Cap Rate)
3/31/2023 – McDonald’s – Palmdale, CA – 20 year ground lease sells for $2.38M (3.47% Cap Rate)
2/3/2023 – McDonald’s – Humble, TX – Long term ground lease sells for $3.28M (3.95% Cap Rate)
1/31/2023 – McDonald’s – Atlanta, GA – Long term ground lease sells for $2.2M (3.50% Cap Rate)
1/12/2023 – McDonald’s – Orlando, FL – 20 year ground lease sells for $7.19M (3.20% Cap Rate)
1/12/2023 – McDonald’s – Auburn, WA – 11 year ground lease sells for $1.77M (4.00% Cap Rate)
1/3/2023 – McDonald’s – Denham Springs, LA – 20 year ground lease sells for $2.31M (3.81% Cap Rate)
10/31/2023 – McDonald’s – Phoenix, AZ – 20 year ground lease sells for $2.5M (3.60% Cap Rate)
