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  • McDonalds Absolute NNN Ground Lease$1,450,000 (4.02% Cap Rate)

    Laurence SaperSenior Vice President310.436.1767 lsaper@naicapital.com CA BRE Lic. #00886797

    Confidential Offering Memorandum Presented By:

    In Association With:Todd C. MinorA Licensed Texas Broker#0329879

    2819 West WashingtonStephenville, TX

  • Laurence SaperSenior Vice President310.436.1767 lsaper@naicapital.com CA BRE Lic. #00886797

    Confidential Offering Memorandum Presented By:

    In Association With:Todd C. MinorA Licensed Texas Broker#0329879

    McDonalds Absolute NNN Ground Lease2819 West WashingtonStephenville, TX

    Disclaimer

    No warranty, express or implied, is made as to the accuracy of the information contained herein. this information is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and is subject to any special listing conditions imposed by our principals. cooperating brokers, buyers, tenants and other parties who receive this document should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein. NAI Capital CA BRE #01990696

    Table of Contents

    Executive Summary

    Financial Summary

    Location Information

    Tenant Information

    Retail Map

    Location Maps

    Site Plan

    Demographics Map

    Disclosures

    I

    II

    III

    IV

    V

    VI

    VII

    VIII

    IX

  • Laurence SaperSenior Vice President310.436.1767 lsaper@naicapital.com CA BRE Lic. #00886797

    Confidential Offering Memorandum Presented By:

    In Association With:Todd C. MinorA Licensed Texas Broker#0329879

    Section I

    Executive Summary

    Property OverviewThe subject property has 12 years left and boasts high traffic counts and newer 2009

    construction. This is a perfect 1031 opportunity with scheduled increases in the rent

    and one of the best net leased guarantees in the industry.

    Property Highlights

    Long Term NNN Ground Lease

    Zero Landlord Obligations

    10% Increases in Rent every 5 Years

    S & P Rated BBB+ Investment Grade Credit- NYSE:MCD

    Close Proximity to Walmart, Starbucks, & Tarleton State University

    Tax Free State

    Property Details

    Price $1,450,000

    CAP Rate 4.02%

    CAP Rate April 2019 4.42%

    Net Operating Income $58,299.96

    Net Operating Income April 2019 $64,130.04

    Building Size 5,360 SF

    Lot Size 59,991 SF

    Year Built 2009

    McDonalds - Absolute NNN Ground Lease

    2819 West WashingtonStephenville, TX

  • Laurence SaperSenior Vice President310.436.1767 lsaper@naicapital.com CA BRE Lic. #00886797

    Confidential Offering Memorandum Presented By:

    In Association With:Todd C. MinorA Licensed Texas Broker#0329879

    Section II

    Financial Summary

    McDonalds - Absolute NNN Ground Lease

    2819 West WashingtonStephenville, TX

    Tenant Name McDonalds

    Square Footage 5,360 SF

    Lot Size 59,991 SF

    Lease Began 8/6/2008

    Lease Ends 4/25/2029

    Annual Rent$58,299.96 Currently

    $64,130.04 April 2019

    Increases 10% Every 5 Years

    Options Six, 5 Year

  • Section II

    Operating Summary

    $1,450,000 (4.02% CAP RATE)

    Operating Summary

    Net Operating Income Cap Rate

    CURRENT $58,299.96 4.02%

    Apri l 2019 $64,130.04 4.42%

    Apri l 2024 $70,542.96 4.87%

    OPTION 1 $77,597.28 5.35%

    OPTION 2 $85,357.08 5.89%

    OPTION 3 $93,892.68 6.48%

    OPTION 4 $103,281.96 7.12%

    OPTION 5 $113,610.24 7.84%

    OPTION 6 $124,971.24 8.62%

    Laurence SaperSenior Vice President310.436.1767 lsaper@naicapital.com CA BRE Lic. #00886797

    Confidential Offering Memorandum Presented By:

    In Association With:Todd C. MinorA Licensed Texas Broker#0329879

    McDonalds - Absolute NNN Ground Lease

    2819 West WashingtonStephenville, TX

  • Laurence SaperSenior Vice President310.436.1767 lsaper@naicapital.com CA BRE Lic. #00886797

    Confidential Offering Memorandum Presented By:

    In Association With:Todd C. MinorA Licensed Texas Broker#0329879

    Section III

    Location Information

    20 Stephenville is the county seat of Erath County and has a population of approximately 21,950

    (2017 estimate). It is located approximately 65 miles southwest of Fort Worth, Texas.

    Stephenville, Texas has also been included in Norman Cramptons 100 Best Small Towns

    in America published by Prentice Hall, and is also sometimes referred to as the Cowboy

    Capital of the World.

    The McDonalds sits at the front entrance to one of FMC Technologies manufacturing

    facilities that employs approximately 500 workers at this location.

    Other major employers and schools in the area include:

    Walmart, Saint Gobain Abrasives, Tarleton State University Stephenville

    Campus, Stephenville ISD, Harris Methodist Hospital, HEB Grocers, Norton

    Company and Schreiber Foods

    Other Neighboring Retailers and Businesses in the immediate vicinity include:

    Walmart Supercenter, Taco Bell, Jack-in-the-Box, Staples, Starbucks, KFC,

    Subway, Chilis, CVS, Walgreens, Cinemark Cinema 6, Tractor Supply, Anytime

    Fitness, Bealls, AT&T, Whataburger, Farmer & Merchants Bank, Holiday Inn

    Express, EconoLodge and a La Quinta Inn & Suites.

    For additional information on the City of Stephenville, please visit www.StephenvilleTX.gov.

    The Subject Property is located on the north side of State Highway 377 (W. Washington) between Wolfe Nursery Road and S. Lockhart Road in Stephenville, Texas.

    McDonalds - Absolute NNN Ground Lease

    2819 West WashingtonStephenville, TX

  • Laurence SaperSenior Vice President310.436.1767 lsaper@naicapital.com CA BRE Lic. #00886797

    Confidential Offering Memorandum Presented By:

    In Association With:Todd C. MinorA Licensed Texas Broker#0329879

    Section IV

    Tenant Information

    McDonalds Corporation operates and franchises McDonalds restaurants in the United States, Europe, the Pacific/Asia, the Middle East, Africa,

    Canada and Latin America. The companys restaurants offer various food products, soft

    drinks, coffee, and other beverages.

    As of December 31, 2016, it operated 36,899 restaurants, including 31,230 franchised

    restaurants comprising 21,559 franchised to conventional franchisees, 6,300 licensed

    to developmental licensees, and 3,371 licensed to foreign affiliates; and 5,669 company

    operated restaurants. The company was founded in 1940 and is based in Oak Brook, Illinois.

    Brand

    Company Type Public (NYSE:MCD)

    2016 Employees 375,000

    2016 Net Income $4.68 Billion

    Fiscal Year End December

    2016 Revenue $24.62 Billion

    2016 Assets $31.02 Billion

    S & P Rating BBB+

    Website www.mcdonalds.com

    McDonalds - Absolute NNN Ground Lease

    2819 West WashingtonStephenville, TX

  • Laurence SaperSenior Vice President310.436.1767 lsaper@naicapital.com CA BRE Lic. #00886797

    Confidential Offering Memorandum Presented By:

    In Association With:Todd C. MinorA Licensed Texas Broker#0329879

    Section V

    Retail Map

    McDonalds - Absolute NNN Ground Lease

    2819 West WashingtonStephenville, TX

  • Laurence SaperSenior Vice President310.436.1767 lsaper@naicapital.com CA BRE Lic. #00886797

    Confidential Offering Memorandum Presented By:

    In Association With:Todd C. MinorA Licensed Texas Broker#0329879

    Section VI

    Location Maps

    McDonalds - Absolute NNN Ground Lease

    2819 West WashingtonStephenville, TX

  • Laurence SaperSenior Vice President310.436.1767 lsaper@naicapital.com CA BRE Lic. #00886797

    Confidential Offering Memorandum Presented By:

    In Association With:Todd C. MinorA Licensed Texas Broker#0329879

    Section VII

    Siteplan

    W Washington St

    McDonalds - Absolute NNN Ground Lease

    2819 West WashingtonStephenville, TX

  • Laurence SaperSenior Vice President310.436.1767 lsaper@naicapital.com CA BRE Lic. #00886797

    Confidential Offering Memorandum Presented By:

    In Association With:Todd C. MinorA Licensed Texas Broker#0329879

    Section VIII

    Demographics

    McDonalds - Absolute NNN Ground Lease

    2819 West WashingtonStephensville, TX

    POPULATION 1 Mile 3 Miles 5 Miles

    TOTAL POPULATION 3,439 10,168 18,051MEDIAN AGE 31.8 29.8 28.4MEDIAN AGE (MALE) 28.8 27.7 27.2MEDIAN AGE (FEMALE) 37.3 33.5 30.7

    HOUSHOLDS & INCOME 1 Mile 3 Miles 5 Miles

    TOTAL HOUSEHOLDS 1,230 3,674 6,691# OF PERSONS PER HH 2.8 2.8 2.7AVERAGE HH INCOME $52,106 $49,884 $48,109AVERAGE HOUSE VALUE $247,639 $166,403 $157,311

    RACE 1 Mile 3 Miles 5 Miles

    % WHITE 89.0% 88.6% 87.6%% BLACK 2.0% 1.9% 1.9%% ASIAN 3.2% 2.1% 1.3%% HAWAIIAN 0.3% 0.2% 0.1%% INDIAN 0.0% 0.1% 0.2%% OTHER 3.4% 5.1% 7.0%

    ETHNICITY 1 Mile 3 Miles 5 Miles

    % HISPANIC 11.2% 13.5% 15.3%

  • Laurence SaperSenior Vice President310.436.1767 lsaper@naicapital.com CA BRE Lic. #00886797

    Confidential Offering Memorandum Presented By:

    In Association With:Todd C. MinorA Licensed Texas Broker#0329879

    McDonalds Absolute NNN Ground Lease2819 West WashingtonStephenville, TX

    Disclaimer

    This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you

    desire to express further interest in the acquisition

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