27422 US Highway 27 | Leesburg, FL 34748
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27422 US Highway 27
Leesburg, FL 34748
McDonald's Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Unit-Level Sales and Upward Trending, 2.9% Rent-to-Sales Ratio
- Proven Location, 20-Year Operating History at this Restaurant
- Absolute NNN Ground Lease with No Landlord Responsibilities
- Tenant Recently Completed Interior/Exterior Remodel and Added Double Drive-Thru at Tenant’s Expense
- Corporate Guaranty, Investment Grade Credit Rated ‘BBB+‘ by S&P
- 10% Rental Increases Every 5 Years, Next Increase in 2023
PROPERTY FACTS
Property Type
Retail
Building Size
3,332 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Zoning
C-3
PROPERTY TAXES
| Parcel Number | 14-20-24-0004-000-04201 | Improvements Assessment | $373,506 |
| Land Assessment | $743,712 | Total Assessment | $1,117,218 |
PROPERTY TAXES
Parcel Number
14-20-24-0004-000-04201
Land Assessment
$743,712
Improvements Assessment
$373,506
Total Assessment
$1,117,218
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