McDonald's (GL)

105 Frontage Road, Wapato, Washington 98951

$2,207,800

Cap Rate 3.85%

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DOM: 3 Updated: 08.20.25 Posted: 08.20.25 Status: Active 08.21.25

Summary

Price $2,207,800	Built/Renov 2025	Tenant McDonald's (GL)
Cap Rate 3.85%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 4,584	Lease Start 10-01-2025	#Units 43,000
Price/SF $481.63	Expiration 10-01-2045	Tenant Type Fast Food/QSR
NOI $85,000	R. Term 20.1	Ownership Ground Lease
Rent/SF $18.54	Increases 7.0%/6/yrs	Pop 5Mi 12,518
Lot/AC 1.48	Options 16/5yrs/7%	AHHI 5Mi $87,248

Highlights

McDonald’s has signed a brand-new 20-year ground lease commencing October 2025 with 16 five-year renewal options
The lease features 7% rental increases every 5 years, including at each option period
Absolute NNN Ground Lease | Zero landlord responsibilities
Corporate guarantee | Accelerated depreciation benefits

Location Description

McDonald’s is strategically located along Frontage Road (US-97) in Wapato, Washington, with access to a daily traffic count of approximately 55,821 vehicles (US-97 at 8,661 VPD and I-82 at 47,160 VPD). The site is surrounded by major national retailers including Safeway, Dollar Tree, Ace Hardware, AutoZone, and other regional quick-service restaurants, driving consistent consumer traffic to...

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Key Features

New construction
Build to suit
Freeway close
Highway location
Top 100 MSA
Population increase trend
Brand new lease
Accelerated depreciation
Traded and rated company
Corporate Guarantee

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Links

McDonald's Wikipedia McDonald's Wikipedia Wapato, Washington Zip Code 98951 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: McDonald's
Guarantor:Corp T and Rated
Company:McDonald's Corporation
# Units:43,000
Tenant S&P: A-
Moody’s: A3
Stock: NYSE: MCD

About Tenant

McDonald's Corporation, dba McDonald’s, is an American-based, multinational fast food chain. McDonald's is best known for its hamburgers, cheeseburgers, and french fries, although their...

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Listing Broker

Brian Pfohl

CBRE: NLPG Atlanta

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150 Listings
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79 Sold

Chris Bosworth

CBRE: NLPG Atlanta

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152 Listings
35133 Views
82 Sold

Brian Pfohl

Brian Pfohl is an Executive Vice President with CBRE’s Net Lease Property and Corporate Capital Markets practice groups. Mr. Pfohl’s singular focus is to advise corporate users, institutions, private equity firms, REITs, developers, and private individuals regarding all facets of net-leased properties. Mr. Pfohl’s expertise stems from the myriad of sale-leaseback transactions, net lease investment sales, programmatic portfolio dispositions, and advisement assignments he has completed throughout

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Chris Bosworth

Chris Bosworth is a Vice Chairman and Managing Director of the CBRE Net Lease Property Group and Corporate Capital Markets practice. Mr. Bosworth’s focus is to advise institutions, private equity firms, REITs, developers and corporate users regarding all facets of net-leased properties. In his career, Mr. Bosworth and his partners, Will Pike and Brian Pfohl, have been responsible for the disposition of 3,900 transactions valued in excess of $29 billion. Mr. Bosworth and Mr. Pike co-head the

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