McDonald's for Sale in Las Vegas, NV
Las Vegas, NV
Key Investment Metrics
Price
$2,369,000
Cap Rate
3.5%
Net Operating Income
$82,908
Building Size
3207 SF
Land Area
0.5 Acres
Remaining Term
8.7 years
Lease Expiration
03/14/2035
Lease Term
20 years
Lease Commencement
03/15/2015
Lease Type
Absolute NNN
Tenant Credit
Credit Rated
Year Built
2013
Tenancy
Single
Rent Increases
12% rental increase on 3/15/2030
Property overview
McDonald's in Las Vegas
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 3,207 SF
- Land area
- 0.5 acres
- Year built
- 2013
- Lease type
- Absolute NNN
- Lease expiration
- 03/14/2035
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.