McDonald’s Ground Lease Happy Valley, OR

12440 Southeast 82nd Avenue
Happy Valley, OR

Price: $3,987,692
Cap Rate: 3.25%
NOI: $129,600
Building Size: Approx. 3,382 Sq. Ft.
Lot Size: Approx. 0.61 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built / Renovated: 1981 / 2021

Investment Overview

  • 2021 Renovation. 3,382+/- SF Building on 0.61+/- Acre Site
  • New 15 Yr Ground Lease w/ (3) 5 Yr Options to Renew & 7.5% Rent Increases
  • Newly Renovated Corporate McDonald’s w/ Projected Lease Commencement in January 2022
  • Excellent Location Near Major Interstate 205 (126K VPD) & Sunnyside Medical Center
  • Near Burlington, T.J. Maxx, The Home Depot, Best Buy, Ross Dress for Less, Lowe’s
  • Strong Income Demos w/ an est. $101,807 within a 5-Mile Radius
  • Happy Valley  |  Suburb of Portland  |  Population: 21,000+/-