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Virtual Drive-By

McDonald's NNN

6540 Eastern Ave · Baltimore, MD 21224 · QSR / Restaurant

Asking price
$3,701,176
Cap rate
4.25%
NOI
$157,300

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Lease

Lease typeNNN
Term remaining5.0 yrs
Expiration07/2031
Rent bumps10% Every 5 Years
OptionsSix; Five-Year Terms
Ground leaseYes
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

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Property

Building SF4,150
Price / SF$892
Year built2011
Lot size
TypeQSR/Fast Food
Days on market195

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Investment highlights

LONG-TERM TENANT WITH ABSOLUTE TRIPLE NET (NNN) GROUND LEASE AND STRUCTURED RENTAL INCREASES

  • McDonald’s has been in operation at this location for over 15 years

  • Zero landlord obligations, offering stable, hands-off income for investors

  • 10% rental increase in July of 2026, and in each of the six, 5-year renewal options, creating predictable cash flow growth and a hedge against inflation

STRATEGIC LOCATION WITH ROBUST TRAFFIC COUNTS

  • Ideally positioned at the lighted intersection of Kane Street and Eastern Avenue, seeing combined traffic counts of 41,000+ VPD

  • Clear visibility with points of ingress and egress along both roadways, creating ease of access for customers

  • Located directly next to the off ramp of exit 59 of I-95, seeing approximately 111,000+VPD, making this the most convenient store for travelers

CORPORATELY GUARANTEED LEASE AND STRONG TENANT GROWTH NATIONWIDE

  • McDonald’s Corporation guarantees the lease, providing stable credit and security for the investor

  • BBB+ credit rating from S&P and a Baa1 credit rating from Moody’s

  • McDonald’s is planning an aggressive expansion domestically with plans to open 900 new locations by 2027

CROSS SHOPPING ENVIRONMENT WITHIN THE LARGER ANCHOR SQUARE SHOPPING CENTER AND NEIGHBORING TENANTS

  • Shadow anchored by Savemart Supermarket, which sees 760.1k visits annually, ranking in the top 87th percentile amongst all grocers in the state and ranks 4 of 75 amongst all grocers within a 5-mile radius per Placer.ai

  • Anchor Square’s tenancy consists of grocery, physical therapy, salon and beauty uses, and a Truist Bank pad, creating synergistic relationships amongst tenants, while also seeing 1.1M annual visits per placer.ai

  • Located across the street from Baltimore City’s only Home Depot location. According to Placer.ai, this Home Depot performs well and is 2/13 within a 15-mile radius and 12/41 in the State of Maryland based on consumer traffic

STRONG REAL ESTATE FUNDAMENTALS

  • Equipped with drive-thru use, which permitting and development has proven to be difficult in Baltimore City and throughout Maryland

  • The asset boasts a premier location at the intersection of two high-traffic thoroughfares, benefiting from exceptional visibility, strong daily traffic counts, and an extremely limited supply of available retail space within the submarket

  • Close proximity to Johns Hopkins Bayview Medical Center, a major employment hub and driver of Baltimore City with over 3,400 employees

Property overview

KLNB Retail Capital Markets is pleased to offer for sale a McDonald’s located at 6540 Eastern Avenue in Baltimore, Maryland.​ The tenant has been open and operating for over 15 years since opening in July of 2010.​ McDonald’s ideally positioned at the lighted intersection of Kane Street and Eastern Avenue, seeing combined traffic counts of 41,000+ VPD with clear visibility and multiple points of ingress and egress.​ In addition, the subject property is located directly next to the off ramp of Exit 59 of I-95, seeing approximately 111,000+ VPD, making this one of the most convenient stops for travelers.​ Investors will benefit from the strong real estate fundamentals, passive Absolute NNN Ground lease with zero landlord responsibilities and a strong corporate, credit tenant in McDonald’s having a BBB+ credit rating from S&P and a Baa1 credit rating from Moody’s.​

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.