|
|
1/26/26
|
A 4k sf, single-tenant McDonald’s drive-thru in Wildomar, CA sold for $3.23 mil, in a deal that works out to a cap rate of 3.49%. The transaction represents the lowest cap rate recorded for a McDonald’s ground lease nationwide in the past two years, according to CoStar.
Situated on 0.83 acres at 22193 Bundy Canyon Rd, at the intersection with I-15, the property features a newly constructed restaurant with the company’s latest dual lane prototype design. Built in 2025, the property benefits from multiple points of ingress and egress, strong visibility and more than 23,000 cars per day along Bundy Canyon Rd. The property is leased to McDonald’s Corporation on a brand-new 20-year absolute triple-net ground lease.
The site offers direct access to I-15, one of Southern California’s primary transportation corridors, with more than 125,000 cars per day. The McDonald’s also benefits from highway pylon signage and a high- barrier to entry trade area along Interstate 15.
The McDonald’s is positioned within Canyon Plaza, a multi-phase development with significant retail synergy. Nearby uses include a brand-new Starbucks, a 7-Eleven gas station and convenience store, and additional retail planned for development. The surrounding trade area features affluent and dense demographics, with an average household income exceeding $140,000 and a population of more than 130,000 within a five-mile radius.
RealSource Group’s Jonathan Schiffer, CCIM, and Austin Blodgett represented the seller, a private Southern California-based developer. The buyer, a private international investor, was repped by Dustin Lee of J&C Investment Group Inc.
Blodgett added, “The buyer was specifically seeking long term, investment grade credit in an A+ Southern California location. The McDonald’s in Wildomar fit his criteria perfectly and offered the passive, absolute triple net structure he was targeting.”
|
|
Return to the previous page
|
|
|
|
|