37 Epic Blvd
Saint Augustine, FL 32086
McDonald's · Retail Property For Sale

Long-term ground lease - McDonald’s has over ten years remaining on the initial term of its ground lease with 10% increases every five years. Tenant also has four, five-year options with 10% bumps each period. -Zero Landlord Responsibilities - McDonald’s constructed their own building and is responsible for all operating expenses, roof, and structural repairs. With zero landlord responsibilities, the Property is an ideal high-credit passive investment. -Investment grade tenancy - Tenant has a BBB+ (S&P) credit rating, which sets the Property up for very favorable financing. -Strong population growth & household income - Within 7 miles of Epic Village, the average household income is $73,130 and population is expected to grow by almost 12% over the next five years. -E-commerce resistant tenancy - The restaurant industry remains resistant to the threats of e-commerce on the retail market. -Ideal shadow anchor -Epic Theatres is the ideal shadow anchor for the Property, drawing shoppers to the Property from a very wide trade area. Please visit CREXi.com for more information, as well as the Offering Memorandum. https://www.crexi.com/properties/221888/florida-mcdonalds