McDonald's
McDonald's
McDonald's
McDonald's
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2120 North Larch Street Lansing, MI 48906

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PROPERTY SUMMARY

Triple Net Investment Group is pleased to present an opportunity to purchase Absolute NNN ground lease McDonald‘s. This McDonald’s is located at 2120 Larch Street in Lansing, Michigan. McDonald signed a new 20 years lease with four 5 years options. McDonald intends to rebuild the store for the forth time in 2018. McDonald’s currently occupies a 2,078 -square foot building on an estimated 0.9 acres of land. The original lease commenced December 14, 1956 and the store opened in 1957. The Golden Arches have a continuous 61-year operating history at this location.

PROPERTY HIGHLIGHT
  • First McDonald’s ever opened in MI ( Store 13)
  • Operating History of 61 Years at this Location
  • McDonald’s has twice rebuilt this location since the original construction
    in 1956; Last reconstructed in 2000
  • New 20 years lease extension with four 5 years option
  • McDonald is in process of getting permits to rebuild the store for
    the fourth time.
  • Inflation hedge & unlimited real upside: In addition to base rent
    McDonald’s pays 4.25% of gross sales above natural breakpoint