391 N Geneva Rd - Fast Food FOR SALE
Vineyard, UT 84059 |
$3,523,000 USD
650-678-7200
391 N Geneva Rd
Vineyard, UT 84059
HIGHLIGHTS
- Brand-new 20-year corporate ground lease featuring 10% rental increases every 5 years
- Extremely low new construction McDonald’s rent
- 2025 build-to-suit construction with double drive-thru
- Large lot size (1.49 acres) with ample parking (57 spaces)
- Zero LL expense & maintenance obligations
- Standalone McDonald’s building across from brand-new Topgolf development – 1st Topgolf location in the state
OVERVIEW
A brand-new 20-year corporate McDonald’s ground lease featuring 10% rental increases every 5 years throughout the base term and option periods. The subject property is located directly adjacent to The Yard – a 150,000+ SF Topgolf-anchored shopping center that attracts 2.4M annual visitors per Placer.ai.
FOR SALE DETAILS
PRICE
$3,523,000 USD
CAP RATE
3.69%
% LEASED
-
TENANCY
Single
STATUS
Proposed
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
McDonald's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
-
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.49 AC
LAND SF
64,930 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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650-678-7200
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Please correct the highlighted field(s).
650-678-7200
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
