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McDonald's | 4.2% Jan 2029 Cap 1140 Biddle Rd 4,590 SF Retail Building Medford, OR 97504 $1,925,813 CAD ($419.57 CAD/SF) 3.50% Cap Rate
Investment Highlights
- Below Market Rent (35% of Fair Market) | McDonald’s Corporate Guaranty | 49-Year Operating History since 1977
- Absolute NNN | Leased Fee Ownership | No Landlord Responsibilities
- High Traffic 44,200 VPD Intersection | Excellent Visibility & Access | Directly off I-5 Fwy
- Pad to Bear Creek Plaza | 3.1 Million Annual Visitors per Placer.ai | Top Ranked Tenants Nationwide per Placer.ai
- Fastest Growing Region in Oregon
- Strong Demographics In 5-mile Trade Area
Executive Summary
• Corporate Guaranteed Ground Lease to McDonald’s Inc., an investment grade rated (S&P: BBB+), publicly traded (NYSE: MCD) institutional-quality, creditworthy income
• 49-Year Operating History for McDonald’s at Location since 1977 ; building renovated in 2022
• 20% Rent Increase in 2029; FMV increase in first option of maximum 20% increase
• Current Rent of $47,920 is Approximately 35% of Fair Market Value, providing investors long term stability and large value-add and re-pricing opportunity at renewal
• Scheduled minimum 10% rent increases provide a stable growing cash flow and appreciating asset; Next Rent Increase in 2028
• Top 19% McDonald’s Location Nationwide, per Placer.ai
• 49-Year Operating History for McDonald’s at Location since 1977 ; building renovated in 2022
• 20% Rent Increase in 2029; FMV increase in first option of maximum 20% increase
• Current Rent of $47,920 is Approximately 35% of Fair Market Value, providing investors long term stability and large value-add and re-pricing opportunity at renewal
• Scheduled minimum 10% rent increases provide a stable growing cash flow and appreciating asset; Next Rent Increase in 2028
• Top 19% McDonald’s Location Nationwide, per Placer.ai
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,590 SF
Building Class
C
Year Built/Renovated
1978/2022
Price
$1,925,813 CAD
Price Per SF
$419.57 CAD
Cap Rate
3.50%
NOI
$67,411 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.76 AC
Zoning
C-C - Community Commercial
Parking
23 Spaces (5.01 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10566633 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $33,619,498 CAD |
Property Taxes
Parcel Number
10566633
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$33,619,498 CAD
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McDonald's | 4.2% Jan 2029 Cap | 1140 Biddle Rd
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