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McDonald's Ground Lease 3989 S Lapeer Rd 5,002 SF Retail Building Metamora, MI 48455 $2,456,819 CAD ($491.17 CAD/SF) 3.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute triple net ground lease – landlord has zero responsibility for taxes, insurance, or maintenance
- McDonald’s has operated at this location for approximately 18 years, demonstrating strong site-level commitment and performance.
- McDonald’s holds the master lease and Marathon Gas operates as the sub-tenant, creating a dual-traffic, complementary use at the corner.
- New 10 year lease term commenced July 11, 2018, providing predictable, long term income
- Corporate-guaranteed lease by McDonald’s, the second largest fast food chain in the world.
- Limited quick service restaurant competition in the immediate trade area, allowing this location to capture a disproportionate share of local
EXECUTIVE SUMMARY
Absolute triple net ground lease – landlord has zero responsibility for taxes, insurance, or maintenance
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
5,002 SF
Building Class
B
Year Built
2000
Price
$2,456,819 CAD
Price Per SF
$491.17 CAD
Cap Rate
3.75%
NOI
$92,131 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.27 AC
Zoning
B-2
Parking
64 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
287’ on Lapeer Rd
AMENITIES
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 015-008-065-03 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $892,458 CAD |
PROPERTY TAXES
Parcel Number
015-008-065-03
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$892,458 CAD
CONTACTS
-
Deno Bistolarides -
Brandon Hanna -
Ryan Vinco -
Danny Samona -
Encore Real Estate Investment Services
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McDonald's Ground Lease | 3989 S Lapeer Rd
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