The Boulder Group is pleased to exclusively market for sale a new single tenant McDonald\u2019s ground lease located in Hudson, Massachusetts in the Boston MSA. The subject property is a relocation of an existing McDonald\u2019s store which was in operation for over 30 years.\u00a0 The property is strategically located along Washington Street in a dominant retail corridor.\u00a0 McDonald\u2019s has over 19 years remaining on their 20 year ground lease which expires November 30, 2036.\u00a0 The absolute net lease features rental escalations every five years and in each of the eight 5-year renewal option periods.<\/p>\n
The 1.55 acre property is strategically located in a regional retail corridor on Washington Street at a signalized intersection. Washington Street is a primary north-south thoroughfare in the area. The property is located next to a shopping center occupied by Hannaford Supermarket, Petco, AutoZone, Game Stop and Boost Fitness. Other retailers in the area include Walmart Supercenter, Super Stop & Shop, CVS Pharmacy, Walgreens and a number of national banks and restaurants.\u00a0 There are over 45,340 people living within a three mile radius of the property earning an average household income in excess of $100,000 per year.<\/p>\n
There are over 19 years remaining on the McDonald\u2019s ground lease featuring rental escalation every five years in the primary term and in each of the eight 5-year renewal option periods.\u00a0 The McDonald\u2019s is newly constructed with a double drive-thru. McDonald\u2019s is the world’s largest chain of hamburger fast food restaurants, serving over 68 million customers daily throughout 120 countries.<\/p>\n
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INVESTMENT HIGHLIGHTS<\/strong><\/p>\n The Boulder Group is pleased to exclusively market for sale a new single tenant McDonald\u2019s ground lease located in Hudson, Massachusetts in the Boston MSA. The subject property is a relocation of an existing McDonald\u2019s store which was in operation for over 30 years.\u00a0 The property is strategically located along Washington Street in a dominant […]<\/p>\n","protected":false},"author":3,"featured_media":1224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178],"tags":[317],"class_list":["post-1223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-net-lease-for-sale","tag-triple-net-leased-mcdonalds"],"yoast_head":"\n\n