McDonald's (GL)

11321 Talbert Avenue, Fountain Valley, CA 92708

$3,995,000

Cap Rate 3.42%

Views: 42 DOM: 148 Updated: 04.28.24 Posted: 12.21.23 Status: Active

Summary

Price $3,995,000	Built/Renov 2011	Tenant McDonald's (GL)
Cap Rate 3.42%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 3,500	Lease Start 05-27-2011	#Units 40,275
Price/SF $1,141.43	Expiration 05-26-2031	Tenant Type Fast Food/QSR
NOI $136,711	R. Term 7.0	Ownership Ground Lease
Rent/SF $39.06	Increases 5.0%/3/yrs	Pop 5Mi 686,179
Lot/AC 1.04	Options 8/5yrs/5%	AHHI 5Mi $117,658

Lease Highlights

McDonald’s has 7+ years remaining on the current lease term with 8 (5-year) options
Lease features 5% rental increase every 5 years throughout the initial term and at the start of each option
Absolute NNN | Zero landlord responsibilities
Corporate guaranteed lease (NYSE: MCD)
Investment grade tenant (S&P: BBB+)

Location Description

McDonald's strategically located with excellent visibility along Talbert Avenue, with access to 28,000 vehicles passing by daily. The property is positioned as an out parcel to a Costco-anchored shopping center. The Costco is within the top 10% performing Costco locations nationwide (Placer. Ai). Other top performing national/credit tenants according to Placer. Ai include Ross Dress for Less...

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Key Features

Dense retail corridor
Near major nationals
Shopping Ctr out-parcel
Top 100 MSA
Strong demographics
Absolute NNN
Top performing store
Traded and rated company
Corporate Guarantee
Investment grade tenant

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Links

McDonald's Wikipedia McDonald's Wikipedia Fountain Valley, California Zip Code 92708 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 :	10,082	205,918	661,479
2023 Total Population :	10,142	207,529	658,475
2023 Employed Civilian Pop :	5,268	105,984	334,773
2023 Total Businesses :	2,311	10,272	40,938
2023 Average Household Income :	$ 121,334	$ 133,802	$ 128,002
2023 Total Consumer Spending :	$ 380 M	$ 7341 M	$ 22281 M
2023 Median Age :	46	38	36
2023 Total Households :	3,749	64,926	204,577
2023 Pop Age 25+: Bachelor's Degree :	2,600	37,845	104,140
2023 Average Home Value :	$ 906,926	$ 875,932	$ 876,474

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Talbert Ave	Mt Washington St	2013	29,800	0.03 mi
Newhope St	Southpark Ave	2013	17,000	0.15 mi
Condor Ave	Euclid St	2004	13,675	0.17 mi
Talbert Ave	Newhope St	2013	24,000	0.18 mi
Newhope St	Talbert Ave	2013	15,600	0.21 mi
Southpark Ave	Newhope St	2013	5,500	0.24 mi
Euclid St	Goldeneye Ave	2013	25,600	0.28 mi
Euclid St	Talbert Ave	2008	30,600	0.29 mi
Euclid St	Condor Ave	2013	21,100	0.31 mi
Newhope St	Slater Ave	2013	16,700	0.35 mi

Listing Broker

Jeff Lefko

Hanley Investment Group

Contact

115 Listings
5120 Views
54 Sold

Bill Asher

Hanley Investment Group

Contact

117 Listings
5250 Views
50 Sold

Jeff Lefko

As Executive Vice President at Hanley Investment Group, Jeff Lefko specializes in advising clients in the acquisition and disposition of retail properties nationwide. Jeff is focused on developing meaningful relationships that go beyond a singular transaction by proactively advising his clients to help achieve their long-term financial goals and objectives. Jeff’s commitment to his clients has allowed him to close over $1.5 billion in sales since 2017, which included 114 transactions va

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Bill Asher

Bill Asher specializes in advising clients in the acquisition and disposition of retail properties nationwide. With over 20 years of experience in commercial real estate, his transaction expertise, industry relationships, and unparalleled professionalism have allowed him to close and contribute to more than $2 billion in sales, including over 550 sales in the last 10 years. Bill’s dedication and unwavering commitment to his clients have made him one of the top agents at the company earning him

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