McDonald's

Description:

CBRE, Inc. is pleased to present a rare investment opportunity: the acquisition of
an exceptional single-tenant NNN McDonald’s asset prominently situated along
Bear Valley Road in Victorville, California. The lease for this property is backed by a
corporate guarantee from McDonald’s USA, LLC. The building was constructed in 2009
and features double ordering drive-through lanes. It operates under a triple net (NNN)
ground lease, relieving the landlord of any responsibilities. The tenant assumes all
maintenance, repairs, replacements, insurance, taxes, and utilities.
There are currently 5 years remaining on the lease, with four options for renewal, each
lasting five years. Rent increases by 10% every five years.
This McDonald’s benefits from its proximity to the Mall of Victor Valley, a fully occupied
shopping destination featuring top national retailers. The mall’s popularity ensures a
steady stream of shoppers, driving significant foot traffic to the nearby McDonald’s.
Positioned on Bear Valley Road, a key arterial route with over 75,000 vehicles passing
daily, this McDonald’s enjoys excellent visibility and accessibility. The road connects to
Interstate 15 and Highway 18, linking Victorville to other major cities like Hesperia and
Apple Valley.
The area’s appeal is further enhanced by the ongoing construction of the high-speed
rail line to Las Vegas, set to bring a surge of visitors through Victorville. This, combined
with the local population of 129,836 within a five-mile radius, ensures continued growth
and demand for retail and dining options. Victorville’s status as a major economic hub in
the High Desert, along with nearby attractions like Mojave Narrows Regional Park and
Victor Valley College, contributes to the thriving commercial environment, making this
McDonald’s a prime location.

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