McDonald's 391 N Geneva Rd 4,580 SF Retail Building Vineyard, UT 84059 $3,250,000 ($709.61/SF) 4% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand-new 20-year corporate ground lease featuring 10% rental increases every 5 years
- 2025 build-to-suit construction with double drive-thru
- Zero LL expense & maintenance obligations
- Extremely low new construction McDonald’s rent
- Large lot size (1.49 acres) with ample parking (57 spaces)
- Standalone McDonald’s building across from brand-new Topgolf development – 1st Topgolf location in the state
EXECUTIVE SUMMARY
A brand-new 20-year corporate McDonald’s ground lease featuring 10% rental increases every 5 years throughout the base term and option periods. The subject property is located directly adjacent to The Yard – a 150,000+ SF Topgolf-anchored shopping center that attracts 2.4M annual visitors per Placer.ai.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,580 SF
Building Class
B
Year Built
2025
Construction Status
Proposed
Price
$3,250,000
Price Per SF
$709.61
Cap Rate
4%
NOI
$130,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.49 AC
NEARBY MAJOR RETAILERS
