This exceptional investment opportunity presents a fee-simple, single-tenant, Class A McDonald's restaurant located at 2 W Thigpen Ave, Lakeland, GA 31635. The property boasts 2,821 square feet on a 0.77-acre lot, built in 2012 and renovated in 2020. The 15-year lease, commencing April 30, 2012, and expiring April 29, 2027, has approximately 2.4 years remaining. The lease features a corporate guarantee from McDonald's (NYSE: MCD), providing significant investor security. The current annual net operating income (NOI) is $79,315, resulting in a 4.75% cap rate and a price per square foot of $591.91. The asking price is $1,669,789. The property benefits from a prime location on a busy retail corridor, with high daily traffic volume, and proximity to schools and a hospital. The lease includes 8% rent bumps every five years, offering inflation protection. There are 22 parking spaces available. The property is surrounded by other national retailers, including AutoZone, NAPA Auto Parts, Piggly Wiggly, Dollar General, Huddle House, Exxon, Marathon Gas, and Subway. This is a rare opportunity to acquire a well-performing McDonald's in a strong market with limited competition. The lease includes seven, five-year options. The property is a double net lease with landlord responsibilities limited to roof and structure.
Highlights
NN McDonald's; minimal landlord responsibilities (roof & structure).
2-year lease remaining; 8% rent increases every 5 years.
Limited QSR competition; only three nationally recognized restaurants in Lakeland.
Near Lanier County schools (1,250 students) and SGMC Hospital (25 beds).
Strong retail location near AutoZone, NAPA, Piggly Wiggly, and more.
Corporate guarantee by McDonald's (NYSE: MCD), S&P rating BBB+.
The property is located at 2 Thigpen Ave Lakeland, GA.
What is the asking price?
The asking price for this property is $1,669,789.
What are key features of this property?
This property features: NN McDonald's; minimal landlord responsibilities (roof & structure).; 2-year lease remaining; 8% rent increases every 5 years.; Limited QSR competition; only three nationally recognized restaurants in Lakeland.
How can I contact the broker?
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Thigpen Ave Lakeland, GA 31635
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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2 Thigpen Ave
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