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913 Workman Way
Davenport, FL 33837
McDonald's Ground Lease · Retail Property For Sale


Investment Highlights
- Corporate guaranteed absolute NNN lease requiring zero landlord responsibilities
- New 2025 construction built to McDonald’s most current prototype for modern operational efficiency
- Consistent income growth through scheduled 10 percent rent increases throughout the term and all options
- High visibility location supported by more than 72,000 daily vehicles along a major Florida arterial
- Positioned directly across from a major regional medical employer with strong daytime population drivers
- Surrounded by rapidly expanding residential, retail, and commercial development within a high-growth MSA
Executive Summary
This newly constructed McDonald’s ground lease represents a rare opportunity to acquire a premier, long-term, passive investment in one of Central Florida’s fastest-growing corridors. Positioned at the heavily traveled intersection of US Route 27 and Holly Hill Fruit Road, the site benefits from more than 72,000 vehicles per day and captures consistent year-round volume from both local residents and the steady tourism flow migrating toward Orlando’s world-renowned attractions. Davenport has experienced extraordinary population expansion exceeding 150 percent in recent years, with strong projected household and income growth that further reinforces the stability of the trade area.
Constructed in 2025 to McDonald’s latest prototype, the property sits on a highly functional 1.11-acre parcel designed for optimal drive-thru operations, excellent ingress and egress, and modern brand standards. Its immediate surroundings include AdventHealth Heart of Florida, Publix, Walgreens, large multifamily developments, and multiple national retailers, creating a strong daytime and consumer draw that aligns well with a leading quick-service operator.
The absolute NNN structure provides investors with a fully passive ownership experience, as the tenant is responsible for all taxes, insurance, and maintenance, including roof, structure, and parking areas. The 20-year corporate lease term, commencing in late 2025, includes predictable 10 percent rent escalations every five years through the initial period and all eight renewal options, generating durable, inflation-protected income. Backed by McDonald’s USA, LLC and its investment-grade credit profile, this offering blends security, longevity, and exceptional market fundamentals in a rapidly expanding Florida submarket.
Overall, this asset delivers a blend of long-term stability, strong tenancy, and high-growth market positioning that places it among the most desirable passive net-lease opportunities available in the region.
Constructed in 2025 to McDonald’s latest prototype, the property sits on a highly functional 1.11-acre parcel designed for optimal drive-thru operations, excellent ingress and egress, and modern brand standards. Its immediate surroundings include AdventHealth Heart of Florida, Publix, Walgreens, large multifamily developments, and multiple national retailers, creating a strong daytime and consumer draw that aligns well with a leading quick-service operator.
The absolute NNN structure provides investors with a fully passive ownership experience, as the tenant is responsible for all taxes, insurance, and maintenance, including roof, structure, and parking areas. The 20-year corporate lease term, commencing in late 2025, includes predictable 10 percent rent escalations every five years through the initial period and all eight renewal options, generating durable, inflation-protected income. Backed by McDonald’s USA, LLC and its investment-grade credit profile, this offering blends security, longevity, and exceptional market fundamentals in a rapidly expanding Florida submarket.
Overall, this asset delivers a blend of long-term stability, strong tenancy, and high-growth market positioning that places it among the most desirable passive net-lease opportunities available in the region.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,500 SF
Building Class
B
Year Built
2025
Price
$3,776,936 CAD
Price Per SF
$1,510.77 CAD
Cap Rate
3.65%
NOI
$137,846 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
1.09 AC
Parking
39 Spaces (9.18 Spaces per 1,000 SF Leased)
Frontage
301’ on U.S. 27
Amenities
- Drive Thru
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $734,963 CAD | Total Assessment | $734,963 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$734,963 CAD
Improvements Assessment
$0 CAD
Total Assessment
$734,963 CAD
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