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8483 Cordon Way
Nottingham, MD 21236

McDonald's · Retail Property For Sale

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Investment Highlights

SINGLE-TENANT NET LEASE OFFERING | MCDONALD ’S (S&P: BBB+)

Absolute NNN Ground Lease | 18.3 Years of Firm Term | Baltimore, MD

Executive Summary

CORPORATE MCDONALD’S GROUND LEASE IN BALTIMORE COUNTY | 41,822 GLOBAL
LOCATIONS IN 118 COUNTRIES | S&P: BBB+ CREDIT RATING
33-YEAR OPERATING HISTORY AT SUBJECT PROPERTY | 18.3 YEARS REMAINING |
10.00% RENTAL INCREASES EVERY 5 YEARS | ABSOLUTE NNN GROUND LEASE | ZERO
LANDLORD RESPONSIBILITIES
HIGHLY VISIBLE & EASILY ACCESSIBLE DRIVE-THRU LOCATION | HIGH TRAFFIC RETAIL
CORRIDOR ALONG WHITE MARSH BLVD (54,978 VPD) | 10.2 MILES TO DOWNTOWN
BALTIMORE | ADJACENT TO WHITE MARSH MALL

PROPERTY FACTS Under Contract

Sale Type

Investment NNN

Sale Condition

Ground Lease (Leased Fee)

Property Type

Retail

Property Subtype

Fast Food

Building Size

4,653 SF

Building Class

Year Built/Renovated

1992/2022

Price

£2,780,715

Price Per SF

£598

Net Initial Yield

4.75%

NOI

£132,084

Tenancy

Single

Number of Floors

Building FAR

0.09

Lot Size

1.21 AC

Parking

70 Spaces (10 Spaces per 1,000 SF Leased)

Frontage

74 ft on Cordon Way

Amenities

Drive Thru

PROPERTY TAXES

Parcel Number	11-2200013355	Improvements Assessment	£714,683
Land Assessment	£696,510	Total Assessment	£1,411,193

PROPERTY TAXES

Parcel Number

11-2200013355

Land Assessment

£696,510

Improvements Assessment

£714,683

Total Assessment

£1,411,193

Listing ID: 33475187
Date on Market: 10/10/2024
Last Updated:
Address: 8483 Cordon Way, Nottingham, MD 21236

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