78365 Varner Rd
Palm Desert, CA 92211
McDonald's | Palm Desert, CA · Retail Property For Sale

The lease is corporately guaranteed by McDonald’s USA, LLC. This property is 2014 construction and features double ordering drive through lanes. The lease structure is a triple net (NNN) ground lease, with zero landlord responsibilities. Tenant is responsible for maintaining, repairing, and replacing all aspects of the property, as well as all required insurances, taxes, and utilities. There are fourteen (14.3) years remaining on the lease term, plus four (4), five (5) year options. The lease provides for 10% rental increases every five (5) years. The subject property sits directly adjacent to the 1,600-acre Sun City Palm Desert resort-style retirement community, which houses 9,000 residents in 5,000 single-level homes. Sun City Palm Desert was ranked as one of “The 8 Best Places to Retire in America” by Money.com. There are 125,356 residents located in the five (5) mile demographic ring, and population is expected to grow at an annual rate of 1.41% over the next five (5) years. The property is located directly off of the I-10 freeway and has excellent visibility to passing motorists. The I-10 freeway reports traffic counts of 91,000 cars per day. The I-10 freeway is the fourth longest interstate in the United States at 2,460.34 miles long. It stretches all the way from the Pacific Ocean in Santa Monica, CA to the I-95 in Jacksonville, FL. Major cities connected by the I-10 freeway include Los Angeles, Phoenix, Tucson, El Paso, San Antonio, Houston, Baton Rouge, New Orleans, Tallahassee and more. Known as the cultural and retail center of the desert communities, the City of Palm Desert is located just 14 miles (22 minutes) from the popular city of Palm Springs. Approximately 1 million tourists stay in hotels in the Palm Springs area annually while another 600,000 visitors stay in non-hotel accommodations. Tourists are drawn to this area because of its world class hotels, resorts, country clubs, golf courses, and restaurants. The area’s art and music festivals also draw in many tourists throughout the year. McDonald’s is surrounded by several popular retailers including Starbucks, Burger King, Coco’s, Popeye’s, Stater Bros., Walgreens, and True Value, among others.