Description

Marcus & Millichap is pleased to present for sale a McDonald's ground lease (NYSE:MCD) in Charlotte, North Carolina. This is a rare opportunity to own an absolute NNN ground lease guaranteed by the world's largest and most successful fast food chain, McDonald's Corp. McDonald's has 13 +/- years remaining on an absolute NNN ground lease with four five-year options. The lease also calls for 8 percent increases every five years. The base rent included within this offering includes the next rental bump scheduled on October 25, 2012. Seller shall escrow at closing, on a prorated basis, the difference between the current annual rent of $97,200 and the 2012 annual rent of $104,976.


McDonald's is the leading global foodservice retailer with more than 31,000 local restaurants serving more than 58 million people in 118 countries each day. In 2008 McDonald's had over $23.5 billion in total revenues which is up 6.9 percent from the previous year.

The property is located on a hard corner directly adjacent to the Charlotte Douglas International Airport and minutes from Downtown Charlotte. The property sits at the intersection of Wilkinson Boulevard and the Billy Graham Parkway. Wilkinson Boulevard connects downtown Charlotte to the airport and the Billy Graham Parkway connects I-85 to the airport.