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McDonald's Absolute NNN Ground Lease

4164 Berryhill Road, Pace, FL 32571

For Sale
Contact for pricing

The tenant has committed to a 20-year term with rent increases at five-year intervals.

Property SizeContact for details
Days on Market26

Property Features for 4164 Berryhill Road

General Information

Standard status Active
Property subtype Retail

Additional Details

Tenant in Place Yes
Listing Agency: Marcus & Millichap - San Diego
Listed By: Phil Sambazis · License FL #01474991
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 3:21PM

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 Marcus & Millichap - San Diego

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This NNN property is subject to a newly signed absolute NNN lease with McDonald's. The agreement provides for a 20-year term and scheduled increases every five years.

The property is located at 4164 Berryhill Road in Pace, Florida.

Key Highlights

  • McDonald's is the tenant under a newly signed absolute NNN lease
  • 20‑year lease term
  • Rent increases every five years

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Storage Facility Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby
257
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Storage King USA Shops & Services
257 visits/mo 0.4 miles

Demographics for 32571, FL

38,885
Population
15,041
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
112.6 sq mi
ZIP Area
345
Density / Sq Mi
$89,137
Median Household Income
$46,400
Median Earnings
$1,186
Median Rent
$281,600
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

Frequently Asked Questions

What type of property is this?
NNN property - The tenant has committed to a 20-year term with rent increases at five-year intervals.
Where is this nnn property located?
The property is located at 4164 Berryhill Road Pace, FL.
What is the asking price?
The asking price for this property is $2,390,000.
What are key features of this property?
This property features: McDonald's is the tenant under a newly signed absolute NNN lease; 20‑year lease term; Rent increases every five years
(858) 373-3174 · Office Call to check price and availability
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