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Jones Lang LaSalle (“JLL”) is pleased to offer for sale the absolute NNN interest in a single-tenant, McDonald’s (the “Property” or “Asset”), located 28 miles south of Seattle in the rapidly growing Federal Way/Auburn submarket. Situated on the East side of A Street, the Asset features a new drive-thru, renovated interior, healthy rental escalations, and and 12 years remaining on the lease. McDonald’s (S&P: BBB+) is well-positioned in a market experiencing stable commercial and residential growth along with upside rental escalation outlined in the lease. This Property represents a truly rare opportunity to purchase a strong national credit tenant with significant intrinsic real estate value and desirable in-place lease economics.
- High traffic location with great visibility
- Strong retail presence
- Regional access to greater Seattle area