11115 SW 132nd Ave, Miami, FL 33186

This net leased McDonald’s is located at 11115 SW 132nd Avenue in Miami, Florida, approximately 23 miles southwest of Downtown Miami. The property includes a free-standing building with a drive-thru. Situated as an outparcel to a renovated Publix-anchored center, the location benefits from visibility and access, with traffic counts exceeding 9,300 vehicles per day. The Publix-anchored center includes over 109,000 square feet of retail space with tenants such as YouFit Health Club, Chicken Kitchen, Chase, and Five Below. The Publix recently underwent a full rebuild of its 47,000-square-foot space, while the inline shops were fully renovated. The property is surrounded by residential neighborhoods in the West Kendall Submarket, a densely populated area in South Florida. The surrounding trade area includes Wendy’s, Dunkin, Wawa, Aldi, and Burger King. The McDonald’s lease, executed in 2015, has approximately 12 years of primary term remaining, with a 10 percent rent increase scheduled for November 2026 and every five years thereafter, including renewal options. McDonald’s Corporation has 40,801 locations throughout 100 countries, serving nearly 69 million people each day. As of June 30, 2023, McDonald’s Corporation generated $24.2 billion in TTM total revenues, $8.0 billion in TTM net income and $50.4 billion in total assets. The tenant under the Lease is McDonald’s USA, LLC, a wholly owned subsidiary of McDonald’s Corporation.