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McDonald's Absolute NNN Ground Lease
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110 Carillon Dr, Garner, NC 27529

Corporately guaranteed McDonald’s absolute NNN ground lease at a signalized corner in the Raleigh metro Garner retail node.

Property SizeContact for details
Lot Size1.10 Acres
Days on Market122

Property Features for 110 Carillon Dr

General Information

Standard status Active
Lot size 1.10 Acres
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Tenancy Single
Listing Agency: Alan Joel Partners
Listed By: Alan Joel · License #GA 118443
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 7:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alan Joel Partners

Investment Insights

Based on property information with market context.

JGRE is pleased to offer a corporately guaranteed McDonald’s absolute NNN ground lease situated on approximately 1.10 acres in the Raleigh metro area of Garner, North Carolina. The asset is leased under an absolute NNN structure with no landlord responsibilities stated, and the operator has been in place for over 18 years.

The property is located just off Interstate 40 at the US-70 exit 306A, at the signalized corner of Carillon Dr. and White Oak Rd. The surrounding commercial node includes major retailers such as BJ’s Warehouse Club, PetSmart, T.J. Maxx, Shoe Carnival, Ross Dress for Less, DICK’s Sporting Goods, Kohl’s, and Best Buy, among others. Traffic counts cited in the materials include US-70 exceeding 46,000 and White Oak exceeding 30,000, with over 90,000 people within a 5-mile radius. Average household income within 5 miles exceeds $75,000.

The tenant recently executed a lease amendment extending the base lease term by another 20 years, providing long-term continuity for investors.

Key Highlights

  • Absolute NNN McDonald’s ground lease on approximately 1.10 acres, corporately guaranteed
  • Located at the signalized corner of Carillon Dr. and White Oak Rd., just off Interstate 40 at US‑70 exit 306A
  • Traffic counts: US‑70 exceeds 46,000 and White Oak Rd. exceeds 30,000

Property Analytics

Current Use

McDonald's Restaurant Tienda ross Clothing Store

Suggested Use

Top Pick Law Firm Electrical Service Auto Repair Shop Real Estate Agency Auto Parts Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby

Demographics for 27529, NC

54,250
Population
22,089
Households
2.5
Avg Household Size
39
Median Age
41%
College-Educated
93%
High-School Grad
57.7 sq mi
ZIP Area
940
Density / Sq Mi
$86,426
Median Household Income
$47,686
Median Earnings
$1,379
Median Rent
$325,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Corporately guaranteed McDonald’s absolute NNN ground lease at a signalized corner in the Raleigh metro Garner retail node.
Where is this nnn property located?
The property is located at 110 Carillon Dr Garner, NC.
What are key features of this property?
This property features: Absolute NNN McDonald’s ground lease on approximately 1.10 acres, corporately guaranteed; Located at the signalized corner of Carillon Dr. and White Oak Rd., just off Interstate 40 at US‑70 exit 306A; Traffic counts: US‑70 exceeds 46,000 and White Oak Rd. exceeds 30,000
(404) 869-2600 Call to check price and availability
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