This property is Off-Market

6670 Tara Blvd
Jonesboro, GA 30236 ·

3,900 SF · Retail For Sale

N/A

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McDonald's Corporate Ground Lease

Price N/A Cap Rate 5.50%
Building Size 3,900 SF Tenancy Single
Property Type Retail Property on Ground Lease? Yes
Property Sub-type Restaurant Year Built 2010
Property Use Type Net Lease Investment with 10+ years left on lease Lot Size 44,485 SF
Listing ID: 16663239 Date Created: 04/27/2010 Last Updated: 08/23/2010

Description

Marcus & Millichap / NNN Properties is pleased to offer for sale an acre ground lease that McDonald's Corporation has improved with a 3900 square foot newly
constructed restaurant. This site fronts the heavily traveled Tara Blvd.
which has a traffic count of 70,000 vehicles a day. This McDonald's sits
near the intersection of Mount Zion Rd which carries its own traffic
count of 20,000 cars per day. The McDonald's is being offered at a 5.5
percent cap rate with a 20 year ground lease that commences in July of
2010. This ground leased restaurant opportunity provides an investor
with a stable long-term return with attractive increases and no
management responsibilities.

The McDonald's is located in a dense residential area with a population
of over 200,000 with in five miles. This McDonald's site has both high
visibility and traffic counts accompanied by a dense residential and
commercial market. The significant local population and Tara Blvd
location provide a consistent traffic flow to the property and a
consistent customer base. This ground lease allows an investor to
purchase an A rated credit tenant as well as a fundamentally strong
piece of real estate with long term stable cash flow.

Highlights

  • 20 Year Corporate Ground Lease
  • 70,000 Vehicles Per Day Passing Directly by Site
  • 10 Percent Rent Increases Every Five Years
  • Atlanta MSA
  • Dense Residential/Commercial Market Surrounding Property
  • Numerous National Tenants in Immediate Area

Research

6670 Tara Blvd, Jonesboro, GA 30236 (Clayton County)

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