McDonald's NNN Property For Sale — Tempe, AZ
625 E. Baseline Rd, Tempe, AZ 85283
This offering presents an investor the opportunity to acquire a secure property in a strong, densely populated area with an iconic worldwide retailer and zero management responsibilities. The property is a brand new, single tenant, freestanding McDonald's restaurant with 20-year absolute NNN ground lease, corporate guarantee from McDonald's Corporation (S&P rated A ), located on the southwest corner of Rural Road and Baseline Road in Tempe, AZ. The property is shadow anchored by Lowe's, providing strong traffic to the center. Located at the intersection of Rural Rd & Baseline Rd with 70,318 vehicles per day. With Arizona State University located 3 miles north of the subject property and over 60,000 students, this location targets a strong student demographic in the area with over 71,000 p…
- Address: 625 E. Baseline Rd, Tempe, AZ 85283
- Asking price $2.15M
- 4.00% cap rate
- NOI $85,000
- 20 years remaining
- NNN lease
Asset type: Retail