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mcdonald's ground lease

McDonald’s Ground Lease Property For Sale

Date October 25, 2016

The Boulder Group is pleased to exclusively market for sale a McDonald’s ground lease located in the Atlanta MSA. The 4,024 square foot McDonald’s is strategically positioned on Hickory Flat Highway, the primary artery connecting Cherokee County and Fulton County.  The location has multiple points of ingress and egress and offers excellent visibility from the heavily trafficked intersection of Hickory Flat Highway & E. Cherokee Drive (approximately 24,000  VPD).

The property is located across the street of the Hickory Flat Village anchored by Publix Supermarket, Wells Fargo Bank, Advanced Auto Parts and GNC.  Other retailers in the area include Kroger Supermarket, CVS Pharmacy and many other restaurants.  Sequoyah High School, Dean Rusk Middle School and Hickory Flat Elementary School are located around the corner to the McDonald’s on Cherokee Drive.  The property features a double drive-through.

Canton, Georgia is the county seat of Cherokee County and part of the Atlanta metropolitan area. The property benefits from strong supporting demographics in the immediate trade area including an average household income of over $101,000 and approximately 55,000 permanent residents within a 5-mile radius.

McDonald’s has approximately 9 years remaining on their 20 year lease which expires April 30, 2025.  This triple net ground lease features a 10% rent escalation in May 2020 and four 5-year renewal option periods with 10% escalations.  McDonald’s is a publicly traded company on the New York Stock Exchange (MCD), with a market capitalization of $101.6 billion. McDonald’s is an investment grade rated company with a Standard & Poor’s rating of BBB+.

More information on the property can be found at  http://www.bouldergroup.com/NNN-Properties-For-Sale.html