McDonald’s Drive-Thru Ground
For Sale
Contact for pricing
3835 Wekiva Springs Rd, Longwood, FL 32779
Single-tenant McDonald’s ground lease with two drive-thru lanes and dedicated on-site parking on a 0.74-acre site.
Property Size3,692 SF
Price / SF$675.95
Days on Market84
Property Features for 3835 Wekiva Springs Rd
General Information
Standard status
Active
Size
3,692 SF
Property subtype
Retail
Zoning
PD (Seminole County)
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$99,825
Building Details
Year Built
2012
Year Renovated
2020
Buildings
1
Tenancy
Single
Listing Agency:
Divaris Real Estate Inc DC Regional Office
Listed By:
Joe Farina · License #MD 0225176488
Source:
Crexi
Added: Jun 16
Changed: Sep 5
Last Checked: Aug 31 at 3:43AM
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 Divaris Real Estate Inc DC Regional Office
Investment Insights
Based on property information with market context.
This single-tenant McDonald’s ground lease offers a modern drive-thru restaurant layout on a dedicated 0.74-acre parcel. The property includes two drive-thru lanes and dedicated on-site parking, positioned for convenient customer access.
The asset is located at the entrance of The Shoppes of Sweetwater, a Publix-anchored shopping center in the Orlando area. Public remarks note the site’s strong visibility along a heavily trafficked retail corridor with convenient frontage access.
McDonald’s is open and operating under a 20-year ground lease. The primary term is described as having no termination rights, providing long-term stability for a buy-and-hold investor seeking income from a recognized restaurant brand.
The asset is located at the entrance of The Shoppes of Sweetwater, a Publix-anchored shopping center in the Orlando area. Public remarks note the site’s strong visibility along a heavily trafficked retail corridor with convenient frontage access.
McDonald’s is open and operating under a 20-year ground lease. The primary term is described as having no termination rights, providing long-term stability for a buy-and-hold investor seeking income from a recognized restaurant brand.
Key Highlights
- Single‑tenant McDonald’s ground lease (3,692 SF) in The Shoppes of Sweetwater, a Publix‑anchored shopping center.
- Located on a 0.74‑acre parcel with strong frontage, convenient access, and approximately 32,000 VPD at the subject intersection.
- Modern drive‑thru layout with two drive‑thru lanes and dedicated on‑site parking.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$71,204
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,424,080
$1.4M
Cap Rate 7%
$1,017,200
$1.0M
Cap Rate 9%
$791,156
$791.2K
Market Conditions
NOI Build-Up for 3,692 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$100.6K $27.24/SF
− Vacancy
−$5.6K −$1.53/SF
EGI
$94.9K $25.71/SF
− OpEx
−$23.7K −$6.43/SF
NOI
$71.2K $19.29/SF
Area
Seminole County, FL
Vacancy
5.60%
Lease Rate
$27.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,424,080
Cap Rate 7%
$1,017,200
Cap Rate 9%
$791,156
Alternative Uses
Best Use
Specialty Retail
$1.02M
$890.1K – $1.19M
NOI $71,204 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$919.3K – $1.23M
NOI $73,545 @ 7.0% cap · market cap 2.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Dining 40%
Shops & Services 5%
Home Improvements & Furnishings 3%
Publix
Groceries
21,224 visits/mo
0.1 miles
McDonald's
Dining
16,212 visits/mo
0.1 miles
Truist
Shops & Services
2,063 visits/mo
0.0 miles
Leslie's Pool Supplies
Home Improvements & Furnishings
1,131 visits/mo
0.1 miles
Demographics for 32779, FL
29,321
Population
11,644
Households
2.5
Avg Household Size
45
Median Age
55%
College-Educated
97%
High-School Grad
18.9 sq mi
ZIP Area
1,551
Density / Sq Mi
$115,931
Median Household Income
$59,849
Median Earnings
$1,925
Median Rent
$458,700
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?
Drive through restaurant - Single-tenant McDonald’s ground lease with two drive-thru lanes and dedicated on-site parking on a 0.74-acre site.
Where is this drive through restaurant located?
The property is located at 3835 Wekiva Springs Rd Longwood, FL.
What is the asking price?
The asking price for this property is $2,495,625.
What are key features of this property?
This property features: Single‑tenant McDonald’s ground lease (3,692 SF) in The Shoppes of Sweetwater, a Publix‑anchored shopping center.; Located on a 0.74‑acre parcel with strong frontage, convenient access, and approximately 32,000 VPD at the subject intersection.; Modern drive‑thru layout with two drive‑thru lanes and dedicated on‑site parking.
