This property is Off-Market

8556 Blue Diamond Road
Las Vegas, NV 89178 ·

3,736 SF · Retail For Sale

N/A

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NEW McDonald's l $247 Billion hamburgers sold

Price N/A Cap Rate 4.15%
Building Size 3,736 SF No. Stories 1
Property Type Retail Tenancy Single
Property Sub-type Restaurant Property on Ground Lease? Yes
Property Use Type Net Lease Investment with 10+ years left on lease Year Built 2013
Commission Split 3% Lot Size 34,677 SF
Listing ID: 18118583 Date Created: 04/10/2013 Last Updated: 08/19/2013

Description

20 YEAR CORPORATE MCDONALDS LEASE in LAS VEGAS,NV

Single tenant, triple-net ground lease guaranteed by McDonald's (S&P rated A) in Southwest area of Las Vegas, Nevada. The site is ideally situated just off the signalized North East Corner of Blue Diamond Road and Durango Drive. Blue Diamond Road is the major thoroughfare to the beautiful Red Rock Canyon National Conservation Area which is visited by more than 1 million people per year. The location also lies at the entrance to the Mountains Edge Master Planned Community, which is the best selling master plan in the state of Nevada and fifth in the United States.

Las Vegas is the most populous city in the U.S. state of Nevada and the county seat of Clark County. Las Vegas is an internationally renowned major resort city known primarily for gambling, shopping, and fine dining and is the leading financial and cultural center for Southern Nevada. The city bills itself as The Entertainment Capital of the World, and is famous for its consolidated casino hotels and associated entertainment. Las Vegas is a growing retirement and family city.

McDonald' s Corporation (NYSE: "MCD"), franchises and operates McDonald's restaurants primarily in the United States, Europe, the Asia Pacific, the Middle East, and Africa. As of December 31, 2012, the company operated 34,480 restaurants in 119 countries, of which 27,882 were franchised or licensed, including 19,869 franchised to conventional franchisees, 4,350 licensed to developmental licensees, and 3,663 licensed to foreign affiliates; and 6,598 were operated by the company. The company was founded in 1940 and is based in Oak Brook, Illinois.

For the fiscal year ended December 30, 2012, McDonald's Corporation reported revenue of $27.567 billion with net income of $5.465 billion and total stockholders' equity of $15.294 billion. McDonald' s Corporation is rated "A" by Standard & Poor's and is ranked #107 on the Fortune 500.

Highlights

  • Brand new 20 year ground lease with Eight 5-year extensions
  • 20% rent bump Years 11-15 / 10% rent bump years 16-20
  • Investment grade tenant; S&P "A" Rated
  • Located in growing Southwest Las Vegas
  • Population: 135,000+ within 3 miles
  • Delivered debt free

Research

8556 Blue Diamond Road, Las Vegas, NV 89178 (Clark County)

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