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McDonald’s – 12919 Victory Boulevard
North Hollywood, CA 91606

Price: $5,000,000 Tenant: McDonald’s
Bldg SF: 4,792 SF Lease Exp: 01/14/2025
Land SF: 31,031 SF Zoning: [Q]C1-1VL
CAP Rate: 3.00% Property Type: Fee Simple
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685


Steven Schechter
(818) 212-2793
Steven.schechter@marcusmillichap.com
License # 01089464

Address: McDonald’s – 12919 Victory Boulevard, North Hollywood, CA 91606
Price: $5,000,000
Bldg SF: 4,792 SF
Land SF: 31,031 SF
Zoning:  [Q]C1-1VL
Property Type: Retail
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685


Steven Schechter
(818) 212-2793
Steven.schechter@marcusmillichap.com
License # 01089464

Investment Highlights

McDonald’s is the World’s Largest Restaurant Chain

 

  • McDonald’s serves over 68 million customers daily in 120 countries

  • Mcdonalds has over 37,000 locations Worldwide

  • Annual revenue exceeds $21 billion

  • Annual Net income exceeds $9 billion

  • Traded on the NYSE

  • Worlds second largest private employer with 1.7 million employees

  • Ranked 131st on the Fortune 500 of the largest US Corporations

 

Stable and Secure Income Stream with Strong Corporate Guarantee and Upside in Rents

 

  • NNN Lease expires 1/14/2025 with no additional options

  • Current rent is below market

  • Absolute NNN Lease require Zero Management Responsibilities

  • Rare opportunity to acquire a drive-thru restaurant site in East San Fernando Valley

 

Excellent East San Fernando Valley Location

 

  • Prime North Hollywood location in the heart of one of Los Angeles densest sub-markets

  • Located within the boundaries of a Qualified Opportunity Zone

  • Excellent Visibility and Frontage with two access points along Victory Boulevard

  • High daily traffic counts north of 48,000 vehicles per day

  • Within 1-mile of the I-170 Freeway

  • Walk Score of 84/100, a very walkable area

  • National Retailers in Immediate Area Include CVS, Starbucks, Chipotle, Burger King, Petco, UPS

 

Significant Development in the Immediate Area

 

  • North Hollywood is experiencing a tremendous gentrification and significant growth

  • Close proximity to significant development

  • District NoHo will bring 1,500 housing units, retail, and office to the immediate area

  • NoHo West will bring 642 apartments, dining and shopping options, a Trader Joe’s, gym, and movie theater

 

Strong Immediate Demographics & Population Density

 

  • Average household Income of $77,000 within 1-Mile Radius

  • Over 40,000 people within one mile and over 733,000 people within five miles

  • Average income north of $77,000 within one mile

  • Median home value north of $691,000

  • Average age of 38.50 with an average household size of 3 people