McDonald's (Ground Lease) | 800 42nd Avenue Dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
McDonald's (Ground Lease) 800 42nd Avenue Dr
3,983 SF Retail Building Moline, IL 61265 $2,050,000 ($515/SF) 4% Cap Rate
Investment Highlights
- Relocation Store w/Brand New 20-Year Absolute NNN Ground Lease and Corporate Guarantee from Top-Performing QSR Operator
- Outparcel to Target & Kohl's in High-Traffic Trade Area with Easy Access
- Brand New Construction w/Double Drive-Thru
- Near Major Traffic Drivers & Attractive Demographics with High Growth Rate
Executive Summary
Northmarq, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale the ground lease interest in the property located at 800 42nd Avenue in Moline, Illinois (“the Property”). Encompassing ±3,983 square feet on a ±0.96-acre lot, the Property represents brand new 2024 construction and is fully leased to McDonald’s, operating under a 20-year Absolute NNN lease. The Lease offers zero landlord responsibilities and 10% rental increases every 5 years. The 20-year lease means three contractual rental increases in the base term, providing a superior boost to overall yield.
Property Facts
Sale Type
Investment
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
3,983 SF
Building Class
C
Year Built
2025
Construction Status
Under Construction
Price
$2,050,000
Price Per SF
$515
Cap Rate
4%
NOI
$82,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.65 AC
Zoning
C - Commercial
Parking
31 Spaces (7.78 Spaces per 1,000 SF Leased)
Frontage
302 FT on 41st Avenue
Amenities
- Signage
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 07-6541700-14411 | Improvements Assessment | $0 |
| Land Assessment | $117,441 | Total Assessment | $117,441 |
PROPERTY TAXES
Parcel Number
07-6541700-14411
Land Assessment
$117,441
Improvements Assessment
$0
Total Assessment
$117,441
Learn More About Investing in Retail Properties
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
McDonald's (Ground Lease) | 800 42nd Avenue Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.