McDonald's (GL)

2070 Cumming Highway, Canton, GA 30115

$2,300,000

Cap Rate 5.00%

Views: 64 DOM: 197 Updated: 04.22.24 Posted: 11.02.23 Status: Active

Summary

Price $2,300,000	Built/Renov 2010	Tenant McDonald's (GL)
Cap Rate 5.00%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 4,078	Lease Start 09-16-2010	#Units 40,275
Price/SF $564.00	Expiration 09-30-2030	Tenant Type Fast Food/QSR
NOI $114,950	R. Term 6.4	Ownership Ground Lease
Rent/SF $28.19	Increases 10.0%/2/yrs	Pop 5Mi 70,585
Lot/AC 1.80	Options 4/5yrs/10%	AHHI 5Mi $117,403

Lease Highlights

McDonald’s has 6+ years of primary term remaining with 4 (5-year) options to extend
The lease features a 10% rent increase in October 2025 and in renewal options
Absolute NNN ground lease | Zero landlord responsibilities
Corporate guarantee | Investment grade tenant (S&P: BBB+)

Location Description

McDonald’s is positioned along Cumming Highway/SR 20, which see a combined 27,500+ vehicles passing by daily. It is situated as an outparcel to the 352,021-square-foot Canton Marketplace, a regional power center, which is anchored by Target, Lowe’s Home Improvement, Kohl’s, Dick’s Sporting Goods and T.J. Maxx. The center is further occupied by Best Buy, Books-A-Million, PetSmart, Ulta Beauty,...

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Key Features

Dense retail corridor
Shopping Ctr out-parcel
Freeway close
Highway location
Top 100 MSA
Affluent AHHI $100K 5 Mi
Absolute NNN
Traded and rated company
Corporate Guarantee
Investment grade tenant

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Links

McDonald's Wikipedia McDonald's Wikipedia Canton, Georgia Zip Code 30114 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: McDonald's
Guarantor:Corp T and Rated
Company:McDonald's Corporation
# Units:40,275
Tenant S&P: BBB+
Moody’s: Baa1
Stock: NYSE: MCD

About Tenant

McDonald's Corporation, dba McDonald’s, is an American-based, multinational fast food chain. McDonald's is best known for its hamburgers, cheeseburgers and french fries, although their...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	1,346	25,260	75,916
2023 Total Population :	1,326	24,539	70,585
2023 Employed Civilian Pop :	556	11,519	31,907
2023 Total Businesses :	119	1,101	2,180
2023 Average Household Income :	$ 128,191	$ 105,213	$ 117,403
2023 Total Consumer Spending :	$ 54 M	$ 768 M	$ 2516 M
2023 Median Age :	40	35	37
2023 Total Households :	495	8,384	24,954
2023 Pop Age 25+: Bachelor's Degree :	231	3,149	11,868
2023 Average Home Value :	$ 537,531	$ 443,343	$ 436,194

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
GA 20	E Boyd Ln	2021	26,900	0.13 mi
Cumming Highway	E Boyd Ln	2021	21,900	0.52 mi
Cumming Highway	Weaver Cir	2018	21,900	0.52 mi
GA 20	I- 575	2021	10,200	0.73 mi
Cumming Hwy	I- 575	2021	1,370	0.78 mi
Cumming Hwy	Mountain Falls Way	2016	26,500	0.79 mi
GA 20	Cumming Hwy	2021	9,280	0.82 mi
Matthew Dr	Blake Way	2021	9,970	0.84 mi
GA 20	Brown Industrial Pkwy	2021	10,400	0.89 mi
GA 20	E Main St	2021	11,400	0.92 mi

Listing Broker

Chris Bosworth

CBRE

Contact

121 Listings
5920 Views
43 Sold

Brian Pfohl

CBRE: NLP Atlanta

Contact

122 Listings
5961 Views
41 Sold

Chris Bosworth

Chris Bosworth is a Vice Chairman and Managing Director of the CBRE Net Lease Property Group and Corporate Capital Markets practice. Mr. Bosworth’s focus is to advise institutions, private equity firms, REITs, developers and corporate users regarding all facets of net-leased properties. In his career, Mr. Bosworth and his partners, Will Pike and Brian Pfohl, have been responsible for the disposition of 3,900 transactions valued in excess of $29 billion. Mr. Bosworth and Mr. Pike co-head the

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Brian Pfohl

Brian Pfohl is an Executive Vice President with CBRE’s Net Lease Property and Corporate Capital Markets practice groups. Mr. Pfohl’s singular focus is to advise corporate users, institutions, private equity firms, REITs, developers, and private individuals regarding all facets of net-leased properties. Mr. Pfohl’s expertise stems from the myriad of sale-leaseback transactions, net lease investment sales, programmatic portfolio dispositions, and advisement assignments he has completed throughout

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Thomas Carr

CBRE: NLP Atlanta

Contact

125 Listings
6038 Views
44 Sold

Thomas Carr

Thomas Carr is an Senior Investment Sales Analyst with CBRE’s Net Lease Property Group. As a member of the team led by Chris Bosworth and Will Pike, Mr. Carr plays an integral role in all aspects of the group’s property valuation, underwriting, and marketing efforts. He is also actively involved in marketing the team’s disposition assignments, specializing in single-tenant assets, national net-lease portfolios, and corporate sale-leasebacks, as well as advising 1031 exchange buyers. Mr. Carr

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