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718 2nd Ave E, Oneonta, AL, 35121

MCDONALD’S
$1,070,627

Key Information

Cap Rate
4.15%
$ per SF
$450
Tot. SF
2,376
Year Built
1982/ R 2016
Term Remaining
±9.5 YRS
Type
Retail
NOI
$44,431

Highlights

  • CORPORATE GUARANTEE – McDonald’s is the world’s largest and most recognizable quick-service restaurant (QSR) brand, operating over 38,000 locations in more than 100 countries. Its global footprint and exceptional creditworthiness make it a highly stable and reliable investment. McDonald’s Corporation has a market capitalization exceeding $200 billion and a BBB+ credit rating, offering investors a lease backed by an incredibly strong tenant with long-term stability.
  • ABSOLUTE NNN GROUND LEASE – The absolute triple net (NNN) ground lease structure ensures zero landlord responsibilities as the tenant is responsible for all property-related expenses including maintenance, insurance, and taxes. Additionally, the lease includes 10% rental increases every five years, enhancing future cash flow.
  • LONG TERM STABILITY – With a long operating history of 35+ years, low annual rent of $44,430.72, the base lease term ending on December 13, 2034, and four, (5) year option periods available, investors can enjoy long-term stability and the potential for continued tenancy well into the future. This provides a significant advantage for long-term planning and financial security.
  • RECENT TENANT IMPROVEMENTS – The tenant invested approximately $1,000,000 into site improvements in 2016.
  • LOCATED ON MAIN THOROUGHFARE – The McDonald’s site is located on 2nd Ave E, the primary thoroughfare of Oneonta which is a 45 minute drive north east of Birmingham and receives over 17,000 vehicles per day.
  • DOUBLE DRIVE THRU FOOTPRINT – A double drive-thru footprint enhances a quick-service restaurant’s efficiency by enabling it to serve more customers simultaneously, reducing wait times and increasing sales during peak hours. This layout also improves traffic flow and customer convenience.
  • RECESSION RESISTANT – McDonald’s value-oriented menu and strong brand loyalty attract consumers seeking affordable dining options during economic downturns. Its global scale, efficient operations, and diverse revenue streams from both company-owned and franchised locations further enhance its resilience against economic challenges.
  • 84TH PERCENTILE NATIONALLY AND 90TH PERCENTILE IN ALABAMA – According to Placer.ai, this site’s monthly visitation ranks in the 84th percentile nationwide and the 90th percentile within Alabama, underscoring its exceptional foot-traffic performance.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 000110253 - 0 (AL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203