Northterra | McDonald’s 76th and Good Hope Road
16578
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McDonald’s 76th and Good Hope Road

Category
Development
About This Project

This 20-year McDonald ground lease is situated at one of the busiest intersection in Milwaukee County —- 76th and Good Hope Road. The former property was a Chinese restaurant that was razed to accommodate this McDonald’s ground lease. The site posed some challenges from an environmental standpoint. The site had some preliminary environmental issues that were overcome by further investigating the site historical records and subsequently deemed clean. After a successful development, the investment was sold to an east coast investor at a very competitive cap rate.

 

PROPERTY VALUE: $1,400,000