Palmdale, CA - McDonald's

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the absolute NNN ground leased McDonald’s investment property located at 3854 W Rancho Vista Blvd, in Palmdale, California. The tenant, McDonald’s, Inc recently signed a brand new 20 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

Strategically positioned in the heart of Palmdale’s dominant retail corridor, the property enjoys excellent visibility and access along Rancho Vista Blvd and Town Center Dr (52,110+ VPD). The McDonald’s is located directly across from a Walmart Neighborhood Market-anchored center and benefits from immediate proximity to a strong mix of national tenants including Starbucks, Jack in the Box, AT&T, and Chipotle. The area is further supported by a dense concentration of major retailers such as Target, Ross, Lowe’s, Aldi, HomeGoods, Sprouts, Petco, and Best Buy, which are located just minutes away within Antelope Valley Mall, Palmdale Marketplace, and Rancho Vista Plaza. Additionally, a 239-unit single-family home development is planned directly behind the site, further boosting daytime population and future foot traffic. The 5-mile trade area is supported by a population of over 114,235 with an average household income of $125,465.