211 E Little Creek Rd
Norfolk, VA 23505
McDonald's · Retail Property For Sale

The McDonald’s property is strategically located immediately off of Interstate 64 (138,000 VPD) where it has excellent visibility and easy access. The property sits at the entrance of a future development site for an apartment developer. McDonald’s has been operating at this location since 1993 where it has a long successful operating history. The McDonald’s property is well located in a retail corridor with Walmart Supercenter, Harris Teeter, Walgreens, 7-Eleven, Starbucks, Kroger, Wells Fargo and Food Lion. There are 227,341 people living within five miles of the property. McDonald’s is the world's largest chain of hamburger fast food restaurants, serving over 68 million customers daily throughout 120 countries. This property is leased to McDonald’s corporate which is an investment grade rated tenant (S&P: BBB+). McDonald’s has been focused on increasing sales at existing restaurants instead of opening new ones. To do so, McDonald’s has remodeled many restaurants, including the subject property. McDonald's initiatives in digital sales, delivery and store remodeling are set to further the drive of higher sales.