601 Corporate Center Dr
Raleigh, NC 27607

Marcus & Millichap, on behalf of the ownership, is pleased to exclusively offer the ground leased interest in this McDonald’s (NYSE: MCD) in Raleigh, North Carolina. The Tenant’s ground lease has more than 11 years remaining on the base term with six, five-year renewal options. The lease features 10 percent increases every five years. The lease is corporately guaranteed by McDonald’s, rated “BBB+” by Standard & Poor’s and publicly traded. McDonald’s is the largest restaurant chain in the world by revenue, available in 119 countries with more than 37,800 locations. McDonald’s is strategically located at the signalized intersection of Corporate Center Drive and Chapel Hill Road four-tenths-of-a-mile from Chapel Hill Road’s full access interchange with Interstate-40. This is a high-traffic location as more than 109,000 vehicles travel along Interstate-40 per day with interstate signage. The Tenant is situated upon a large 1.17-acre parcel positioned between O’Reilly Auto Parts and Sheetz gas and convenience store, and in front of a Wingate Hotel developed at the same time as the subject. The property has two points of access including a cross easement with the neighboring Sheetz and excellent visibility with traffic counts exceeding 26,070 vehicles per day at the signaled intersection. The Property is across Chapel Hill Road from a Class A office complex currently leased to Cigna Global Health Service Company and YMCA Corporate Offices. McDonald’s also benefits from limited fast food/fast casual competition along this corridor.