McDonald's NNN — Palmdale, CA

Updated July 18, 2026

$3,909,088 · 3.85% CAP · 19.9 YRS

New 2026-construction McDonald's on an absolute-net corporate ground lease in Palmdale with essentially the full 20-year term ahead. Four 5-year options follow at a 3.85% going-in cap.

Lease Abstract

Price

$3,909,088

Cap rate

3.85% CAP

NOI

$150,499

Term remaining

19.9 YRS

Lease type

Absolute NNN Ground Lease

Options

Four (4) five (5) year options

Guarantee

Corporate

Building

4,336 SF

Lot

1 AC

Year built

2026

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

4,336 SF building, built 2026, 1 acre of land. Ground lease priced at $3,909,088 per acre. Renewal options: Four (4) five (5) year options. Corporate guarantee. Primary term ends around 2046 (19.9 yrs left at listing, Jul 2026).

Location

Palmdale, California. Full address and offering memorandum released on request — see our McDonald's tenant guide and the California market page for the underwriting context.