McDonald's NNN Ground
For Sale
Contact for pricing
Pending
2 Old Kings Rd, Palm Coast, FL 32137
Modern restaurant improvements support a corporate NNN lease with an extended term and scheduled rent escalations.
Property SizeContact for details
Days on Market141
Property Features for 2 Old Kings Rd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Colliers - Los Angeles - Orange County, California
(904) 861-1136
Listed By:
Jereme Snyder · License #CA 01360233
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 5:33PM
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 Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This McDonald’s NNN ground lease includes a modern restaurant concept that replaced the original 1983 building in 2021. The lease has 16+ lease years remaining in its primary term, followed by eight 5-year option periods. Contractual rent increases occur every 5 years, and the landlord has zero responsibilities under the lease structure.
The property occupies the signalized hard corner of Palm Coast Parkway and Old Kings Road, with combined traffic exceeding 60,000 VPD. Interstate 95 is adjacent to the site and carries 89,300+ VPD. The asset is positioned along Palm Coast’s main retail corridor, near national retailers including Walmart Supercenter, The Home Depot, Lowe’s Home Improvement, Publix, ALDI, Winn-Dixie, Walgreens, CVS, Chick-fil-A, Starbucks, Wendy’s, and Taco Bell.
The property occupies the signalized hard corner of Palm Coast Parkway and Old Kings Road, with combined traffic exceeding 60,000 VPD. Interstate 95 is adjacent to the site and carries 89,300+ VPD. The asset is positioned along Palm Coast’s main retail corridor, near national retailers including Walmart Supercenter, The Home Depot, Lowe’s Home Improvement, Publix, ALDI, Winn-Dixie, Walgreens, CVS, Chick-fil-A, Starbucks, Wendy’s, and Taco Bell.
Key Highlights
- McDonald’s NNN ground lease with 16+ lease years remaining in the primary term
- Eight 5‑year option periods provide 40 years in options
- 10% rent increases every 5 years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,234
Businesses Nearby
403k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 39%
Groceries 17%
Office Supplies 2%
Publix
Groceries
47,323 visits/mo
0.3 miles
McDonald's
Dining
41,980 visits/mo
0.1 miles
Hobby Lobby
Shops & Services
27,139 visits/mo
0.3 miles
Starbucks
Dining
23,834 visits/mo
0.2 miles
Five Below
Shops & Services
22,646 visits/mo
0.3 miles
Demographics for 32137, FL
46,258
Population
24,717
Households
1.9
Avg Household Size
57
Median Age
37%
College-Educated
95%
High-School Grad
62.4 sq mi
ZIP Area
741
Density / Sq Mi
$78,731
Median Household Income
$42,249
Median Earnings
$1,790
Median Rent
$360,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Modern restaurant improvements support a corporate NNN lease with an extended term and scheduled rent escalations.
Where is this nnn property located?
The property is located at 2 Old Kings Rd Palm Coast, FL.
What are key features of this property?
This property features: McDonald’s NNN ground lease with 16+ lease years remaining in the primary term; Eight 5‑year option periods provide 40 years in options; 10% rent increases every 5 years
