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McDonald's Ground Lease • Jacksonville, FL
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Corporate Guaranty - A-rated Credit
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15% Rent Increases Every 5 yrs
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Zero Landlord Responsibilities
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64,000 pop. w/ Avg HH Income $61k in 3miles
Location:
6030 FORT CAROLINE RD
JACKSONVILLE, FL 32277
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Investment Highlights: |
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Price: |
$709,000 |
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Cap Rate: |
5.50% |
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Annual Rent: |
$39,014 |
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Rent psf: |
$14.30 psf |
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Rent Increases: |
15% every 5 yrs. |
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GLA: |
2,730 sf |
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Land Area: |
.68 acres |
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Lease Commencement: |
3/13/1997 |
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Lease Expiration: |
3/12/2018 |
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Lease Type: |
NNN Ground Lease |
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Landlord Responsibilities: |
None |
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Options: |
Six 5-Year w/ 15% Increases |
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Tenant: |
McDonald’s Corporation |
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Store Built: |
1997 |
Store Photos:
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