Contacts
Paul Z. Matysek
Matysek Investment Group
Property Details
- Property Type Retail - Freestanding
- Units 0
- Lot Size 1.15 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Date Updated Nov 14, 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
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Location
- City Pascagoula, MS
- Zip Code 39567
Points of Interest
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Pascagoula (opens February 2025)
0.72 miles
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Market Express
0.05 miles
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Texaco
0.06 miles
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Exxon
0.41 miles
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Chevron
0.51 miles
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Shell
1.31 miles
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Quik Mart
1.32 miles
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BP
1.32 miles
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Max Mini Mart
1.34 miles
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K and B Kwik Stop
1.49 miles
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McDonald's
0.00 miles
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Yamato
0.35 miles
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Lenny's Sub Shop
0.35 miles
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Sonic
0.36 miles
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New York Pizza
0.38 miles
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Subway
0.39 miles
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Cornerstone
0.41 miles
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Waffle House
0.46 miles
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Hong Kong Palace
0.54 miles
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Corder's Salad Bar and Creamery
0.56 miles
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Wayne Lee's Grocery
0.60 miles
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Jerry Lee's
0.74 miles
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Big Lots
2.17 miles
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Walmart Supercenter
2.33 miles
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Piggly Wiggly
6.30 miles
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Jerry Lee
6.32 miles
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Dirt Cheap
6.60 miles
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Singing River Mall
6.78 miles
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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
Paul Z. Matysek
Matysek Investment Group