McDonald’s

290 Interstate Commercial Park Loop, Prattville, AL
Deal Type:
Net Lease
Price:
$2,150,000
Cap Rate:
4.00%
Current Rent:
$86,000
Lease Type:
Ground Lease
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 12 years
Renewal Options:
Eight 5-year options
Building Sq. Ft.:
4,269 SF
Rent Increases:
7.5% every 5 years throughout the initial term and 10% every 5 years during the option periods
Site Size:
1.85 Acres

Investment Highlights

  • Lease Structure: Established location with over 12 years remaining on the absolute NNN ground lease
  • High Visibility Location: Situated just off of Interstate 65 at the intersection of Alabama State Route 14 and Interstate Highway Park Loop
  • Dominant Retail Corridor: Approximately 3.2 MSF of retail within a 3-mile radius of the subject
  • Tenant: McDonald’s USA, LLC serves as the franchising subsidiary of McDonald’s Corp. and has a net worth of approximately $6 billion

Listing Agents

Adam English

Managing Director
256 694 9803
Adam@stream-cp.com

Adam Baxter

Vice President
205 394 3520
Abaxter@stream-cp.com

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