McDonald’s Absolute NNN
For Sale
$3,000,000
9596 Livingston Rd, Fort Washington, MD 20744
Ground-leased restaurant property with a national tenant and no landlord responsibilities.
Property Size4,400 SF
Days on Market47
Property Features for 9596 Livingston Rd
General Information
Standard status
Active
Size
4,400 SF
Property subtype
Retail
Zoning
CGO: Commercial, General and Office Zone
Building Details
Building Size
4,400 SF
Year Built
1976
Tenancy
Single
Listing Agency:
SRS Real Estate Partners - Global Company
Listed By:
Andrew Fallon · License #RSR006585
(202) 286-1542
Source:
Srsre
Added: Sep 12
Changed: Oct 26
Last Checked: Oct 28 at 4:37AM
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 - Global Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering consists of the land ownership beneath a McDonald’s restaurant at 9596 Livingston Rd in Fort Washington, Maryland. The property is subject to an absolute NNN ground lease, with the tenant responsible for property-level obligations and no landlord responsibilities identified. The restaurant was built in 1976 and is zoned CGO: Commercial, General and Office Zone.
Approximately 16 years remain on the current lease term, followed by 2 five-year extension options. Contractual rent increases of 5% occur every 5 years during the initial term and at the start of each option period. The lease structure provides a defined schedule of increases and a hands-off ownership arrangement.
Approximately 16 years remain on the current lease term, followed by 2 five-year extension options. Contractual rent increases of 5% occur every 5 years during the initial term and at the start of each option period. The lease structure provides a defined schedule of increases and a hands-off ownership arrangement.
Key Highlights
- Absolute NNN ground lease with zero landlord responsibilities
- McDonald’s occupies the restaurant property
- Approximately 16 years remaining on the lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,359
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,987,180
$2.0M
Cap Rate 7%
$1,419,414
$1.4M
Cap Rate 9%
$1,103,989
$1.1M
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$149.4K $33.96/SF
− Vacancy
−$16.9K −$3.85/SF
EGI
$132.5K $30.11/SF
− OpEx
−$33.1K −$7.53/SF
NOI
$99.4K $22.58/SF
Area
Prince George's County, MD
Vacancy
11.34%
Lease Rate
$33.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,987,180
Cap Rate 7%
$1,419,414
Cap Rate 9%
$1,103,989
Alternative Uses
Best Use
Specialty Retail
$1.42M
$1.24M – $1.66M
NOI $99,359 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
134k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Groceries 41%
Shops & Services 14%
Giant
Groceries
54,688 visits/mo
0.1 miles
McDonald's
Dining
42,059 visits/mo
0.1 miles
7-Eleven
Shops & Services
14,606 visits/mo
0.2 miles
Panera Bread
Dining
12,103 visits/mo
0.1 miles
Jersey Mike's Subs
Dining
4,234 visits/mo
0.1 miles
Demographics for 20744, MD
52,747
Population
21,014
Households
2.5
Avg Household Size
44
Median Age
36%
College-Educated
90%
High-School Grad
26.1 sq mi
ZIP Area
2,021
Density / Sq Mi
$124,838
Median Household Income
$57,168
Median Earnings
$1,751
Median Rent
$418,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - Ground-leased restaurant property with a national tenant and no landlord responsibilities.
Where is this nnn property located?
The property is located at 9596 Livingston Rd Fort Washington, MD.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Absolute NNN ground lease with zero landlord responsibilities; McDonald’s occupies the restaurant property; Approximately 16 years remaining on the lease
