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Investment Highlights

  • Brand-new 2025 construction
  • 20-year absolute net ground lease with zero landlord responsibilities
  • Strategic relocation from a nearby in-line location, preserving established customer base
  • Corporate McDonald's lease with investment-grade credit profile of Baa1 / BBB+
  • New freestanding drive-thru site format designed for speed and high customer throughput

Executive Summary

13496 LA-73 presents the opportunity to acquire a newly constructed McDonald's ground lease in Geismar, Louisiana, within the Baton Rouge metropolitan area. The property is occupied by McDonald's USA, LLC under a 20-year absolute net ground lease that commenced August 20, 2025, providing investors with a long-term income stream and no landlord maintenance responsibilities. The lease includes eight five-year renewal options with scheduled 5% rental increases every five years, creating contractual rent growth throughout the lease term.
The restaurant represents a strategic relocation from the tenant's previous location approximately 100 yards away, allowing McDonald's to retain its established customer base while upgrading into a newly developed freestanding drive-thru facility designed to serve evolving consumer demand. This relocation demonstrates the tenant's continued commitment to the immediate trade area and reinforces the long-term viability of the location.
Positioned along LA-73 / Old Jefferson Highway, the property benefits from exposure to approximately 22,666 vehicles per day and convenient access to Interstate 10, which carries approximately 103,341 vehicles per day. The surrounding corridor is supported by a combination of residential growth, retail activity, healthcare services, educational institutions, and industrial employment. Nearby demand generators include Dutchtown schools, Baton Rouge General Ascension, major retail destinations, Louisiana State University, and the broader industrial base of Ascension Parish and the Baton Rouge region.
The immediate area also exhibits strong demographic fundamentals, with average household income exceeding $173,000 within one mile and projected population growth across the surrounding trade area. Combined with a newly constructed facility, corporate tenancy, and long-term absolute net lease structure, the property offers an investment backed by a globally recognized quick-service restaurant operator.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,700 SF
Building Class
B
Year Built
2025
Price
$2,933,875 CAD
Price Per SF
$792.94 CAD
Cap Rate
4.25%
NOI
$124,669 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.28 AC
Zoning
MU
Parking
35 Spaces (9.46 Spaces per 1,000 SF Leased)

Amenities

  • Restaurant
  • Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

New Orleans Original Daiquiris
Cadence Bank
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
20045-474
Land Assessment
$92,130 CAD
Improvements Assessment
$0 CAD
Total Assessment
$92,130 CAD
  • Listing ID: 41946172

  • Date on Market: 2026-08-31

  • Last Updated:

  • Address: 13496 Highway 73, Geismar, LA 70734

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