McDonald's NNN Properties for Sale
The gold standard of NNN investing. McDonald's absolute NNN and ground lease properties offer 20-year corporate-guaranteed income from the world's most recognized restaurant brand.
3.75%–5.0%
Cap Rate Range
$3.5M–$9M+
Typical Price
20 years
Lease Term
14,000+
US Locations
Baa1/BBB+
Credit Rating
$100B+
Annual System Sales
Why Invest in McDonald's NNN Properties?
The investment thesis behind McDonald's as a single-tenant NNN asset.
The Gold Standard NNN Asset
McDonald's is universally recognized as the highest-quality NNN investment. Institutional investors — pension funds, REITs, family offices — compete for McDonald's deals at cap rates that reflect the strongest possible credit and lease structure. Owning a McDonald's NNN positions you alongside institutional buyers.
Ground Leases — Maximum Landlord Protection
Many McDonald's properties are structured as ground leases: McDonald's builds the building on your land and pays you land rent under a 20-year absolute NNN ground lease. You own the land; they own the building. This structure limits your exposure to building obsolescence and delivers maximum simplicity.
$100B+ Annual System Sales Supporting Every Lease
McDonald's Corporation reported $100B+ in global system-wide sales in 2023. With 14,000+ US locations, McDonald's has unparalleled site selection experience and a franchisor guarantee that backstops every corporate lease. The financial depth behind your rent is institutional.
Best Resale Market of Any NNN Tenant
McDonald's NNN properties have the deepest resale buyer pool of any single-tenant asset class. Institutional buyers, 1031 exchange investors, and private investors all compete for McDonald's inventory. This liquidity translates to strong sale prices when you eventually sell or exchange.
McDonald's NNN — Strengths & Considerations
An honest investor's view of what makes McDonald's work — and what to watch for.
Investor Strengths
- Gold standard NNN credit — Baa1/BBB+ (Moody's/S&P)
- 20-year absolute NNN and ground lease structures
- World's most recognized restaurant brand
- Deepest institutional buyer demand — best liquidity of any NNN tenant
- Strong site selection — prime corners with high traffic counts
- 10% rent bumps every 5 years protect against inflation
- Global revenue base insulates against domestic slowdowns
Considerations
- Lowest cap rates in NNN (3.75%–5.0%) — premium pricing
- Highest price point ($3.5M–$9M+)
- Ground lease structure means you own land, not building
- Limited new supply — McDonald's grows slowly relative to dollar stores
- Significant institutional competition for every deal
McDonald's as a 1031 Exchange Replacement Property
McDonald's is the ideal 1031 exchange destination for investors with larger exchange equity — typically $2M+ down. The 20-year lease, investment-grade guarantee, and unparalleled resale market make McDonald's the safest NNN replacement property for investors who want to defer capital gains indefinitely and pass a trophy asset to heirs.
Learn More About 1031 Exchange into NNNMcDonald's NNN — Common Investor Questions
What is the difference between a McDonald's ground lease and fee simple NNN?
In a McDonald's ground lease, you own the land and McDonald's owns the building, paying you land rent under an absolute NNN structure. In a fee simple NNN, you own both the land and the building. Ground leases typically trade at slightly lower cap rates (more valuable) because you own the underlying land outright and are not exposed to building depreciation.
What cap rates are available on McDonald's NNN properties?
McDonald's NNN and ground lease cap rates range from approximately 3.75% to 5.0%. New construction in primary markets trades at 3.75%–4.25%. Older locations with 10+ years remaining on lease trade at 4.25%–5.0% depending on location, sales volume, and structure.
Is a McDonald's NNN a good 1031 exchange?
McDonald's is the premier 1031 exchange destination for investors with exchange equity of $2M+. The 20-year corporate-guaranteed lease, world-class credit, and deep resale buyer pool make McDonald's an ideal hold-forever asset. Many investors exchange into McDonald's in their 50s-60s and leave the asset to heirs through a step-up in basis.
Who pays taxes and maintenance on a McDonald's NNN property?
McDonald's Corporation pays all property taxes, building insurance, and maintenance costs — including structural maintenance, HVAC, roof, and parking lot — in absolute NNN and ground lease structures. As the landlord, your obligations are essentially zero.
See Current McDonald's
NNN Inventory
Tell us your investment criteria — budget, cap rate target, and 1031 timeline — and we'll share current off-market McDonald's NNN deals that match.