RealSource Group, a national commercial real estate brokerage company specializing in investment sales, sale-leasebacks and tenant representation, closed the sale of a single-tenant McDonald’s drive-thru at 22193 Bundy Canyon Rd. in Wildomar. The $3,230,000 transaction represents the lowest cap rate recorded for a McDonald’s ground lease nationwide in the past two years, according to CoStar.
Senior associate Jonathan Schiffer, CCIM and SVP of investment sales Austin Blodgett represented the seller, a private Southern California-based developer. The buyer, a private international investor, was represented by Dustin Lee of J&C Investment Group, Inc.
“We generated numerous qualified offers through a blend of RealSource’s proprietary marketing outreach and targeted inbound demand and secured a buyer during the final stages of the project’s construction,” Schiffer said. “The property closed at list price shortly after McDonald’s opened for business.”
The property is leased to McDonald’s Corporation on a brand-new 20-year absolute triple-net ground lease.
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