280-282 Winthrop St
Taunton, MA 02780
McDonald's: Taunton, MA · Retail Property For Sale

PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
- Drive Thru
ABOUT 280-282 WINTHROP ST , TAUNTON, MA 02780
The CBRE Net Lease Property Group is pleased to exclusively offer a freestanding 4,153-square-foot McDonald’s situated on 0.87 acres in Taunton, Massachusetts, which is a bedroom community in the Providence, Rhode Island MSA (Population: 1.6 Million), just 20 miles east of the Providence CBD and 40 miles south of Boston, Massachusetts (MSA Population: 4.8 million). McDonald’s (NYSE: MCD, S&P: BBB+) is the world’s leading foodservice retailer, with more than 36,000 restaurants serving nearly 69 million people in more than 100 countries each day. McDonald’s ground lease has over 30 years of primary term remaining with three 10-year renewal options and attractive 10% rent escalations every 10 years throughout the term. The property will also be encumbered by a 99-year ground lease—with a 99-year renewal option—with the owner of the larger shopping center. No rental payments will be owed under this ground lease. This proven McDonald’s location has been operating since 1987. Demonstrating strong confidence in and commitment to the site, McDonald’s agreed in 2012 to extend their lease through 2047. The property is situated with strong access and visibility on Winthrop Street (20,060 VPD), which is the primary east-west artery spanning Taunton and connects the city with Downtown Providence. The site also serves as an outparcel to a shopping center that is anchored by Ocean State Job Lot and is strategically positioned immediately adjacent to CVS, directly across Winthrop Street from Webster Bank and a fully-leased strip center occupied by First Citizens Federal Credit Union, D’Angelo Grilled Sandwiches, Little Caesars Pizza, Maxx Burgers and Liberty Tax. Additionally, the property benefits from its position within one of the area’s primary retail and industrial corridors, with 2.4 MSF of retail and 3.9 MSF of industrial space within a 3-mile radius. Other notable retailers with a presence in the immediate vicinity include Hannaford Supermarkets, AutoZone, Dollar Tree, Burger King and Dunkin’ Donuts. This property offers qualified investors the opportunity to acquire a uniquely-located New England asset with excellent real estate fundamentals leased on a long-term basis to the world’s leading foodservice retailer.
PROPERTY TAXES
Parcel Number | TAUN-000090-000041 | Improvements Assessment | $6,530,400 |
Land Assessment | $5,953,900 | Total Assessment | $12,484,300 |
Listing ID: 13148008
Date on Market: 7/12/2018
Last Updated:
Address: 280-282 Winthrop St, Taunton, MA 02780
The Retail Property at 280-282 Winthrop St, Taunton, MA 02780 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.