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2 Old Kings Rd
Palm Coast, FL 32137

McDonald's · Retail Property For Sale

Investment Highlights

  • McDonald’s – Palm Coast, FL – Over 40 Years of Operating History at this Location
  • Corporate Ground Lease – Over 16 Lease Years Remaining Eight 5-Year Option Periods
  • 4,984 SF QSR Building with Double Drive-Thru’s Large 2.03 Acre Parcel
  • Publicly Traded Company (NYSE: MCD) – Investment Grade Credit S&P: BBB+ (Moody’s: Baa1)
  • Inflation Resistant Cash Flows – 10% Increases Every 5 Years Ideal for 1031 Exchange
  • Long Term Operating History – Originally Opened in 1983 Scraped and Rebuilt in 2021

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
4,984 SF
Building Class
B
Year Built
2021
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Lot Size
2.05 AC
Zoning
COM-2
Parking
47 Spaces (9.43 Spaces per 1,000 SF Leased)
Frontage
473 ft on Old Kings Rd
  • Listing ID: 30080097

  • Date on Market: 16/11/2023

  • Last Updated:

  • Address: 2 Old Kings Rd, Palm Coast, FL 32137

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