McDonald's

For Sale

3026 Market Street, Pascagoula, MS 39567

This Pascagoula property for sale is located at 3026 Market Street. The current listed sale price for McDonald's is $1,499,000. McDonald's is situated on a lot that is 1.15 acre in size.

Contacts

broker

Paul Matysek

Matysek Investment Group

Property Details

  • Property Type Retail - Freestanding
  • Units 0
  • Lot Size 1.15 Acre
  • Property Tenancy Single Tenant
  • Date Updated Apr 26, 2024

We are pleased to present this absolute NNN McDonald’s Ground Lease situated on over 50,000 SF of land in Pascagoula, MS. The lease structure leaves zero landlord responsibilities for the Landlord. Built in 2000, McDonald’s has been at this location successfully for nearly 25 years and renegotiated their option rent from FMV to fixed increases upon the expiration of the primary term, showing they know their rent is well below market. They also completely remodeled and upgraded the building showing commitment to the location. The analysis assumes Tenant will utilize the next auto option extension by lack of notice by Tuesday April 23, 2024 which would feature 5.5 years of term remaining with a 12.5% rent increase in each of the two remaining 5-year renewal options.  The Property is corporately guaranteed by McDonald’s an investment grade tenants with S&P Credit Score of BBB+.

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Attachments

Getting around

  • 72/100

    Walk Score ®

  • 50/100

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Location

  • City Pascagoula, MS
  • Neighborhood Pascagoula
  • Zip Code 39567

Points of Interest

  • Market Express

    0.05 miles

  • Texaco

    0.06 miles

  • Exxon

    0.41 miles

  • Chevron

    0.51 miles

  • Exxon

    0.56 miles

  • Shell

    1.31 miles

  • Quik Mart

    1.32 miles

  • BP

    1.32 miles

  • Max Mini Mart

    1.34 miles

  • K and B Kwik Stop

    1.49 miles

  • McDonald's

    0.00 miles

  • Yamato

    0.35 miles

  • Lenny's Sub Shop

    0.35 miles

  • Sonic

    0.36 miles

  • New York Pizza

    0.38 miles

  • Subway

    0.39 miles

  • Cornerstone

    0.41 miles

  • Waffle House

    0.46 miles

  • Hong Kong Palace

    0.54 miles

  • Corder's Salad Bar and Creamery

    0.56 miles

  • Wayne Lee's Grocery

    0.60 miles

  • Jerry Lee's

    0.74 miles

  • Big Lots

    2.17 miles

  • Walmart Supercenter

    2.33 miles

  • Jerry Lee

    6.32 miles

  • Dirt Cheap

    6.60 miles

  • Singing River Mall

    6.78 miles

  • Belk

    6.80 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Paul Matysek

Matysek Investment Group