2760 E Andrew Johnson Hwy
Greeneville, TN 37745

This attractive McDonalds located in Greeneville, Tennessee was newly constructed in 2006 consisting of approximately 4,727 square feet of improvements situated on an approximate 1.35 acre parcel of land. Equipped with a double drive-thru lane, McDonalds executed on October 31, 2006 a 20-year corporate ground lease with 10 percent fixed rent increases every five years. The lease calls for 4-five year options at same terms and conditions. The subject property is situated at the corner of a signalized intersection of East Andrew Johnson Highway and Erwin Highway that has a reported daily traffic count in excess of 35,000. This McDonalds is near a Walmart, Lowes Home Improvement Center, Publix, Ingles Market and many other national retailers. Tusculun College is situated approximately two miles away from this McDonalds which has a current student enrollment reported at 2,446. The city of Greeneville is situated approximately 70 miles northeast of Knoxville and is the county seat of Greene County which part of the Johnson City-Kingsport-Bristol TN area known as Tri-Cities region. This Tri-Cities region has a reported population estimated at 500,538. This is an ideal investment property for a passive investor seeking a property that requires no landlord responsibilities and offers a secure income stream.