STREAM Capital Partners > Properties > All Properties > McDonald’s

McDonald’s

Net Lease

1178 US-9, Wappingers Falls, New York
Ownership Type:
Ground Lease
Price:
$4,800,000
Cap Rate:
4.50%
Current Rent:
$216,000
Tenancy:
Single Tenant
Lease Type:
Ground Lease
Landlord Responsibilities:
None
Lease Expiration Date::
Approx. 14.5 years
Renewal Options:
4, 5 Year
Building Sq. Ft.:
4,883 SF
Rent Increases:
8% Every 5 Years, 10% Every 5 in Options
Site Size:
2.04 Acres

Investment Highlights

  • Longstanding Presence: Successfully operating at this location since February 1989, reflecting deep roots within the market
  • Long Term Absolute NNN Lease: New 20 year NNN lease with zero LL responsibilities
  • New Store Prototype: Tenant completed full remodel of the property in 2020
  • Top Performing Location: Ranks in the 93rd percentile of all McDonald’s in the country on Placer.ai
  • Strong Tenant Credit: McDonald’s (NYSE: MCD) is a globally recognized, investment-grade corporation, providing exceptional credit strength and long-term asset stability
  • Robust Traffic and Demographics: Over 45,000 vehicles pass the site daily, supported by high average household incomes across the 1, 3, and 5-mile trade areas, driving long-term tenant performance and asset stability
  • Strong Surrounding Retail: Starbucks, Walgreens, Wendy’s, Home Depot, Planet Fitness, Dairy Queen, T-Mobile, Smoothie King, Autozone, and many others.
Ownership Type:
Ground Lease
Price:
$4,800,000
Cap Rate:
4.50%
Current Rent:
$216,000
Lease Type:
Ground Lease
Landlord Responsibilities:
None
Lease Expiration Date::
Approx. 14.5 years
Renewal Options:
4, 5 Year
Building Sq. Ft.:
4,883 SF
Rent Increases:
8% Every 5 Years, 10% Every 5 in Options
Site Size:
2.04 Acres

Listing Agents

Jordan Koeppel

Senior Vice President
561 789 5504[email protected]

Phil DiGennaro

Managing Director
203.610.1541[email protected]

Jordan Shtulman

Managing Principal
847.226.4133[email protected]

Broker of Record: Michael Antonoplos, Lic#: 10491211973

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