5190 State Highway 100 E - Fast Food FOR SALE
Palm Coast, FL 32164 |
$3,227,000 USD
858-373-3174
5190 State Highway 100 E
Palm Coast, FL 32164
HIGHLIGHTS
- 20-Year Absolute NNN Ground Lease with 3 Years Remaining
- 10% Increases Every 5 Years, Next Rental Increase in 2028
- McDonald’s Recently Completed Interior/Exterior Remodel, Including Double Drive-Thru
- Corporate Guaranty (NYSE: MCD), Largest Fast Food Business in the World
- Average Unit-Level Sales Exceed $4 Million, Equates to a 3.63% Rent-to-Sales Ratio at This Location
- Serving Over 60,000 Residents in Rapidly Growing Daytona Beach Suburb
FOR SALE DETAILS
PRICE
$3,227,000 USD
PRICE/SF
$824 USD /SF
CAP RATE
4.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
McDonald's Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.06 AC
LAND SF
46,174 SF
ZONING
MPD
APN/PARCEL ID
07-12-31-4955-00000-0041
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858-373-3174
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858-373-3174
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