The Boulder Group is pleased to exclusively market for sale a McDonald\u2019s ground lease located in the Atlanta MSA. The 4,024 square foot McDonald\u2019s is strategically positioned on Hickory Flat Highway, the primary artery connecting Cherokee County and Fulton County.\u00a0 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 \u00a0VPD).<\/p>\n
The property is located across the street of the Hickory Flat Village anchored by Publix Supermarket, Wells Fargo Bank, Advanced Auto Parts and GNC.\u00a0 Other retailers in the area include Kroger Supermarket, CVS Pharmacy and many other restaurants.\u00a0 Sequoyah High School, Dean Rusk Middle School and Hickory Flat Elementary School are located around the corner to the McDonald\u2019s on Cherokee Drive.\u00a0 The property features a double drive-through.<\/p>\n
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.<\/p>\n
McDonald\u2019s has approximately 9 years remaining on their 20 year lease which expires April 30, 2025.\u00a0 This triple net ground lease features a 10% rent escalation in May 2020 and four 5-year renewal option periods with 10% escalations.\u00a0 McDonald\u2019s is a publicly traded company on the New York Stock Exchange (MCD), with a market capitalization of $101.6 billion. McDonald\u2019s is an investment grade rated company with a Standard & Poor\u2019s rating of BBB+.<\/p>\n
More information on the property can be found at \u00a0http:\/\/www.bouldergroup.com\/NNN-Properties-For-Sale.html<\/p>\n
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The Boulder Group is pleased to exclusively market for sale a McDonald\u2019s ground lease located in the Atlanta MSA. The 4,024 square foot McDonald\u2019s is strategically positioned on Hickory Flat Highway, the primary artery connecting Cherokee County and Fulton County.\u00a0 The location has multiple points of ingress and egress and offers excellent visibility from the […]<\/p>\n","protected":false},"author":3,"featured_media":45,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[18,21,19,20],"class_list":["post-43","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-sale","tag-mcdonalds-ground-lease","tag-mcdonalds-ground-lease-for-sale","tag-mcdonalds-nnn","tag-mcdonalds-real-estate"],"yoast_head":"\n