Historical Land Sale Listing - McDonald's Ground Lease

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McDonald's Ground Lease

150 Andrews Road, Fayetteville, NC 28311

N/A

1.20 AC | Land

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Photo is an example, not actual building

Land - Off Market

Price:
N/A
Lot Size:
1.20 AC
Property Type:
Land
Property Sub-type:
Leased Land
Property on Ground Lease?:
Yes
Listing ID
17329018
Last Updated
over 1 year ago

Description

This is a McDonald's Ground Lease located on an outparcel at the Andrews Common Shopping Center in Fayetteville, NC. McDonald's has in place a 20 year Ground Lease, absolute NNN with a 10% bump after 10 years and in each option period. McDonald's is scheduled to open in September of 2011. Andrews Commons is a 100% leased, solid tenant mix, shopping center with Food Lion as an anchor.

Download the attached Executive Summary Package for further details including aerials and maps of the site along with the Executive Summary, containing NOI and CAP Rate as well as Demographics on the site.

Located in Cumberland County, Fayetteville, NC. Fayetteville has Stable economic growth with a strong market, home of the Fort Bragg US Military Base and supporting services and industries in the immediate area.

Map of 150 Andrews Road, Fayetteville, NC 28311 (Cumberland County)

Research for 150 Andrews Road, Fayetteville, NC 28311 (Cumberland County)

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Created 9/13/2011