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McDonald's Ground-Lease Restaurant
New
For Sale
$2,390,000

4164 Berryhill Rd, Milton, FL 32571

A 3,700-square-foot restaurant in Pace is leased under a long-term NNN ground lease.

Property Size3,700 SF
Price / SF$645.95
Days on Market2

Property Features for 4164 Berryhill Rd

General Information

Standard status Active
Size 3,700 SF
Property subtype Restaurant

Additional Details

Cap Rate 3.85%

Amenities

20-Year Absolute NNN Ground Lease With Rental Increases Every 5 Years
Corporate Guaranty (NYSE: MCD) | Investment Grade Credit Rated "BBB+" by S&P
Globally Recognized Brand with Over 46,000 Locations in More Than 100 Countries
McDonald's Averages $4 Million in Unit-Level Sales | Equates to a 2.32% Rent-to-Sales Ratio at This Location
Significant Tenant Capital Investment to Build New Prototype Restaurant With Dual Drive-Thru
Strategically Located in Santa Rosa County's Fastest-Growing Residential and Commercial Corridors
Directly Across from New Walmart Next-Gen Neighborhood Market and Adjacent to New Wawa and Heartland Dental
Down the Street from 829-Acre Master-Planned Development With 2,350 Homes at Full Buildout

Building Details

Building Size 3,700 SF
Listing Agency: Marcus & Millichap | San Diego
Listed By: Phil Sambazis · License #License(s): CA: 01474991
Source: Marcusmillichap
Added: Oct 19 Last Checked: Oct 19 at 2:30PM

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.

The McDonald's property at 4164 Berryhill Rd in Pace, Florida, comprises a 3,700-square-foot restaurant. The asset is offered with a 20-year NNN ground lease.

The property is in Pace, within the Pensacola MSA.

Key Highlights

  • McDonald's restaurant at 4164 Berryhill Rd in Pace, Florida
  • 3,700‑square‑foot restaurant building
  • 20‑year NNN ground lease

Property Analytics

Current Use

Drive through 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 - A 3,700-square-foot restaurant in Pace is leased under a long-term NNN ground lease.
Where is this nnn property located?
The property is located at 4164 Berryhill Rd Milton, 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 restaurant at 4164 Berryhill Rd in Pace, Florida; 3,700‑square‑foot restaurant building; 20‑year NNN ground lease
More about this property
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