Feb
05

McDonald’s Ground Lease Sold at Record Cap Rate

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graniteville mcdonaldsDoug Roland, Investment Sales Advisor with NAI Avant’s Charleston office, recently facilitated the sale of a ground lease of the McDonald’s located at the corner of Bettis Academy Road and Interstate 20 in Graniteville, SC (Augusta/Aiken MSA).

The transaction closed in January for $1,050,000. The indicated 4.0 percent Cap Rate, reportedly sets a record Cap Rate for a McDonald’s ground lease in South Carolina. The remaining term of the lease was not reported.

Categories : Aiken, Augusta

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