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601 Corporate Center Dr
Raleigh, NC 27607
McDonalds | 10% Increases! · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,048 SF
Building Class
C
Year Built
2010
Building Height
1 Story
Building FAR
0.08
Lot Size
1.17 AC
Zoning
IND-1
Parking
48 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
About 601 CORPORATE CENTER DR , RALEIGH, NC 27607
Marcus & Millichap, on behalf of the ownership, is pleased to exclusively offer the ground leased interest in this McDonald’s (NYSE: MCD) in Raleigh, North Carolina. The Tenant’s ground lease has more than 11 years remaining on the base term with six, five-year renewal options. The lease features 10 percent increases every five years. The lease is corporately guaranteed by McDonald’s, rated “BBB+” by Standard & Poor’s and publicly traded. McDonald’s is the largest restaurant chain in the world by revenue, available in 119 countries with more than 37,800 locations.
Property Taxes
| Parcel Number | 0774.15-62-8585-000 | Improvements Assessment | $1,959,987 |
| Land Assessment | $970,194 | Total Assessment | $2,930,181 |
Property Taxes
Parcel Number
0774.15-62-8585-000
Land Assessment
$970,194
Improvements Assessment
$1,959,987
Total Assessment
$2,930,181
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