17601 Garland Groh Blvd | Hagerstown, MD 21740
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- LoopNet Team
17601 Garland Groh Blvd
Hagerstown, MD 21740
McDonald's · Retail Property For Sale
Investment Highlights
- ?Strong Investment Grade Credit from McDonald’s Corporation (NYSE: MCD), BBB+ (S&P) and Baa2 (Moody’s)
- Long-Term Lease Remaining; Over 13 Years With Eight, 5-Year Options
- Extremely Passive, Absolute NNN Ground Lease With No Landlord Responsibilities
- ?Recent 10-Year Lease Extension and Renovation Shows Further Commitment to Location
- ?8% Rental Increase Effective in Less Than 3 Years
- ?Located at the Signalized Intersection of Garland Groh Boulevard and National Pike West of I-81 That Combine For Over 27,000 VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,939 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.01 AC
Zoning
CR
Parking
40 Spaces (9.3 Spaces per 1,000 SF Leased)
Amenities
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 25-032055 | Improvements Assessment | $658,226 |
| Land Assessment | $2,106,353 | Total Assessment | $2,764,579 |
PROPERTY TAXES
Parcel Number
25-032055
Land Assessment
$2,106,353
Improvements Assessment
$658,226
Total Assessment
$2,764,579
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