McDonalds NNN Lease Property For Sale in Lake Wales Florida
We are pleased to present a Corporate McDonalds NNN Ground Lease located in Lake Wales, Florida. The Ground Lease has 15 years remaining on the lease, 10% Rental increases every 5 years starting in year 11. The Landlord has NO responsibilities, as the tenant is responsible for Taxies, insurance, CAM and property maintenance. The lease is corporately guaranteed by McDonald’s Corporation, who currently operates over 32,500 locations across the world. The property is an outparcel to retail mall anchored by Kohl’s, and is surrounded and has cross-access to Home Depot and Publix.The property benefits from an excellent visibility on US Highway 27 with approximately 34K vehicles per day.
- 15 Years remaining on the lease
- Corporate Guaranteed by McDonalds Corporation
- Excellent Visibility with 34,000 vehicles per day
- Outparcel to Publix and Kohl’s
- 10% rent increases every 5 years starting on year 11
- Florida has no income tax
Alex Casablanca, Managing Broker at CASABLANCA Triple Net Lease Advisors is the Exclusive Listing Agent for this property. If you have any questions or may require additional information you can contact him at 407-205-7570 or at [email protected]