McDonald’s | Ground Lease | South Florida

Sold
  • Corporate Guarantee Lease
  • Outparcel to The Shoppes at Cresthaven
  • Absolute NNN Ground Lease
  • South Florida Real Estate
  • Low Price Point
  • Heavy Traffic
  • Palm Beach County

Investment Highlights

  • Corporate Guarantee – Guaranteed by McDonald’s Corp. BBB+/Stable credit rating.
  • Outparcel to The Shoppes at Cresthaven – The 176,000 SF neighborhood center is anchored by Winn-Dixie, Dollar Tree and Youfit Health Club.
  • Absolute NNN Ground Lease – Zero Landlord responsibilities.
  • Tax-Free State – There is no state income tax in Florida. This allows investors to benefit from extra cash flow.
  • Low Price Point – The low ground rent provides the future buyer the opportunity to acquire a strong ground lease property at a low price.
  • Heavy Traffic – The subject property sits on a very busy section of S Military Trail with over 42,000 vehicles passing every day.
  • Palm Beach County – Palm Beach County is the third most populous county In the state of Florida.
Price:$2,200,000
City:West Palm Beach
State:FL
Zip Code:33415
Square Feet:4,021
Lot Square Feet:29,525
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