78365 Varner Rd Palm Desert, CA 92211-1141

This exceptional single-tenant, absolute NNN McDonald's property in Palm Desert, CA, presents a compelling investment opportunity. Boasting 3,829 square feet on a 0.82-acre lot, this 2015-built restaurant features a double drive-through and benefits from a prime location along the I-10 freeway with daily traffic counts exceeding 91,000 vehicles. The property enjoys 100% occupancy under a corporate-guaranteed lease with nine years remaining and four five-year renewal options, including a 10% rent increase every five years. The current annual net operating income (NOI) is $86,900, yielding a 3.55% cap rate at the asking price of $2,444,000. The property's strategic location near Sun City Palm Desert (9,000+ residents), the Acrisure Arena, and other major retailers ensures strong performance and future growth potential within a thriving commercial environment. The 14 parking spaces cater to customer needs. The property's location near the I-10 freeway provides exceptional visibility and accessibility. The property is situated in a high-growth area with over 125,000 residents within a five-mile radius. This investment offers a stable, high-performing asset with significant long-term upside. The property's parcel number is 748-380-003.