1935 Neeley RdBig Stone Gap, VA 24219
McDonald's Ground Lease
Asset ClassRetail
Overview
- Absolute NNN Ground Lease with 14 Years Remaining – Stable Cash Flow Asset – Zero Landlord Responsibilities – Sixteen (5-Year) Options to Renew
- 5% Rental Increases Every 5 Years Throughout the Initial Term and Option Periods Provide a Hedge Against Inflation and Increase the Return Over the Hold Period
- Corporately Guaranteed Lease by McDonald’s Corporation – McDonald’s is a Best in Class, Leading Fast-Food Tenant Founded in 1940 That Operates More Than 45,000 Locations Worldwide & Generated More Than $26.9 Billion in Total Revenue in 2025
- Large Format Restaurant at 5,096 Square Feet Situated on a Massive 1.93-Acre Parcel with 43 Parking Spaces & a Drive-Thru Lane, Providing McDonald’s with the Ability to Effectively Handle High Restaurant Volume
- Successful Operating History with Over 36 Years at This Site and Recent Early Lease Extension Shows Tenant’s Long-Term Commitment to the Location
- High Traffic Location – More Than 13,000 Combined Vehicles Per Day on Neely Road & Gilley Avenue East & an Additional 21,701 Vehicles Per Day on Orby Cantrell Highway (US-23)
- Ideal Demographics – Over 11,000 People within a 5-Mile Radius of the Property with Average Household Income Exceeding $70,000 Annually
- High Daytime Population of More Than 280 Businesses & 2,900 Employees
Photo Gallery
1935 Neeley RdBig Stone Gap, VA 24219
Sales Team
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