Drive-Thru McDonald’s Absolute
19 Chesterfield Rd East Lyme, CT 06333
19 Chesterfield Rd, East Lyme, CT, 06333
Contact for pricing
For Sale
Contact for pricing
Leased fee investment with absolute NNN ground lease, drive-thru, and approximately seven years remaining.
Days on Market103
Property Features for 19 Chesterfield Rd
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed by
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 7:42PM Checked: Jul 21 at 7:42PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This leased fee ground lease investment is offered as an absolute NNN property with zero landlord responsibilities. The site is leased to McDonald’s USA, LLC and is corporate-signed, drive-thru equipped, and structured as a ground lease investment. The tenant has approximately 7 years remaining on the current lease term, with 4 (5-year) options to extend. The lease includes a 10% rental increase effective March 2024.
The property is located along Chesterfield Road/State Highway 161, which averages 13,700 vehicles passing daily, and benefits from nearby direct on/off ramp access to Interstate 95, averaging 61,600 vehicles per day. The site offers significant street frontage and a large monument sign along Chesterfield Road/State Highway 161. It is positioned as an outparcel to Flanders Plaza Shopping Center, a 62,000 SF neighborhood center co-anchored by CVS and Adams Hometown Market. Nearby national/credit tenants listed in the remarks include Costco, Stop & Shop, Walgreens, and Starbucks, and the property is also described as being in close proximity to East Lyme High School (1,000+ students).
The property is located along Chesterfield Road/State Highway 161, which averages 13,700 vehicles passing daily, and benefits from nearby direct on/off ramp access to Interstate 95, averaging 61,600 vehicles per day. The site offers significant street frontage and a large monument sign along Chesterfield Road/State Highway 161. It is positioned as an outparcel to Flanders Plaza Shopping Center, a 62,000 SF neighborhood center co-anchored by CVS and Adams Hometown Market. Nearby national/credit tenants listed in the remarks include Costco, Stop & Shop, Walgreens, and Starbucks, and the property is also described as being in close proximity to East Lyme High School (1,000+ students).
Key Highlights
- Leased fee (land ownership) investment: absolute NNN ground lease with zero landlord responsibilities
- McDonald’s USA, LLC corporate ground lease has approximately 7 years remaining, with 4 (5‑year) extension options
- March 2024 lease structure includes a 10% rental increase, supporting growing NOI
Property Analytics
Location Intelligence
Current Use by Public Records
McDonald's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Leased fee investment with absolute NNN ground lease, drive-thru, and approximately seven years remaining.
Where is this drive through restaurant located?
The property is located at 19 Chesterfield Rd East Lyme, CT.
What are key features of this property?
This property features: Leased fee (land ownership) investment: absolute NNN ground lease with zero landlord responsibilities; McDonald’s USA, LLC corporate ground lease has approximately 7 years remaining, with 4 (5‑year) extension options; March 2024 lease structure includes a 10% rental increase, supporting growing NOI
