2 Thigpen Ave Lakeland, GA 31635-1007
This exceptional investment opportunity presents a fee-simple, single-tenant, Class A McDonald's restaurant located at 2 W Thigpen Ave, Lakeland, GA 31635. The property boasts 2,821 square feet on a 0.77-acre lot, built in 2012 and renovated in 2020. The 15-year lease, commencing April 30, 2012, and expiring April 29, 2027, has approximately 2.4 years remaining. The lease features a corporate guarantee from McDonald's (NYSE: MCD), providing significant investor security. The current annual net operating income (NOI) is $79,315, resulting in a 4.75% cap rate and a price per square foot of $591.91. The asking price is $1,669,789. The property benefits from a prime location on a busy retail corridor, with high daily traffic volume, and proximity to schools and a hospital. The lease includes 8% rent bumps every five years, offering inflation protection. There are 22 parking spaces available. The property is surrounded by other national retailers, including AutoZone, NAPA Auto Parts, Piggly Wiggly, Dollar General, Huddle House, Exxon, Marathon Gas, and Subway. This is a rare opportunity to acquire a well-performing McDonald's in a strong market with limited competition. The lease includes seven, five-year options. The property is a double net lease with landlord responsibilities limited to roof and structure.
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McDonald's Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
2 · Lakeland, GACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.