McDonald’s
- $3,066,000
McDonald’s
- $3,066,000
Property Highlights
- 20-Year NNN Lease with McDonald’s: Brand-new 20-year absolute NNN ground lease with zero landlord responsibilities, providing passive income backed by investment-grade credit (S&P: BBB+).
- Iconic Corporate Guarantee: Leased to McDonald’s Corporation (NYSE: MCD), the world’s largest and most recognizable quick-service restaurant brand, with over 40,000 locations globally.
- Investment-Grade Credit: McDonald’s demonstrates strong creditworthiness, liquidity, and consistent cash flow generation, qualifying it as an institutional-grade tenant.
- Performance Through Market Cycles: McDonald’s has a well documented history of resilience during economic downturns, including the 2008 financial crisis and the COVID-19 pandemic. Its drive-thru infrastructure and operational efficiencies allowed it to outperform peers in revenue and customer traffic.
- Company Outlook: Continued focus on digital ordering, loyalty integration, and AI-enhanced drive-thru ordering.
- Drive-Thru Only Format: This property features McDonald’s newest-generation, drive-thru only design, developed to maximize operational efficiency and meet evolving consumer preferences. The format is purpose built for high-volume off-premise dining, aligning with performance trends in high-growth suburban markets.
- Strategic Gateway Location: Positioned at the primary signalized entrance to Valley Vista, a 2,600-acre master-planned community by D.R. Horton with 4,100 new homes across 21 neighborhoods.
- Affluent Demographics: Within an established trade area where the 1-mile average household income exceeds $115,000, supporting strong QSR spending patterns.
- High Barriers to Entry: McDonald’s represents the final pad available for sale within this newly constructed shopping center. Limited new retail development opportunities in the immediate trade area result from built-out residential corridors, controlled land use policies, and constrained site availability—supporting long-term real estate value preservation.
- Strong Submarket Fundamentals: Fueled by sustained population growth, the northern submarket continues to outperform the broader metro area in terms of occupancy and leasing velocity. As of June, vacancy in this submarket declined to 4.3 percent, significantly below the metro-wide average of 5.6 percent, underscoring strong tenant demand and limited new supply.
- Nevada is an Income Tax-Free State: Nevada is one of only nine states with no state income tax, offering enhanced after-tax returns for investors.
Details
-
Price $3,066,000
-
Year Built 2001
-
Property Type Single Tenant
Additional Details
-
Cap Rate 3.75%
-
APN 124-18-114-005
-
Lot Size 0.57 AC
-
Rentable Area 1,833 SF
Address
Open on Google Maps-
Address: 7940 N Decatur Blvd
-
City: North Las Vegas
-
State/county: Nevada
-
Zip/Postal Code: 89084
Other Listings
