← Back to search
Photography available after free registration below
Virtual Drive-By

McDonald's Absolute NNN

2650 West Sahara Avenue · Las Vegas, NV 89102 · QSR / Restaurant

Asking price
$3,366,000
Cap rate
4.35%
NOI
$146,427

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeAbsolute NNN
Term remaining9.4 yrs
Expiration12/2035
Rent bumps10% Increase (1/1/2031)
OptionsThree 5-Year Options @ 10% Increases
Ground leaseYes
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF3,243
Price / SF$1,038
Year built1996
Lot size0.24 ac
TypeQSR/Fast Food
Days on market69

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • Corporate Guaranteed McDonald’s Ground Lease:
    • Recent lease extension through December 2035 (10-year term); tenant has operated at the shopping center since 1999 (27 years)
    • Absolute NNN corporate ground lease
    • Three 5-year options with 10% rental increases every five years providing a hedge against inflation
    • Drive-thru equipped; on average, stores with drive-thru’s experience higher sales than those without
    • Investment-grade national tenant (NYSE: MCD; S&P: BBB+)
    • McDonald’s is the world’s leading global food service retailer with over 43,000 locations in over 100 countries
  • Top-Performing QSR in the State of Nevada: McDonald’s Top 8% within the QSR category in Nevada (Placer.ai)
  • Proven Location: 27-year track record of success; the store was remodeled in 2021 to McDonald’s latest prototype speaking to the strength of the location
  • Outparcel to Top Performing Neighborhood Strip Center: Paseo Plaza ranks in the top 20% of neighborhood strip centers in the entire state of Nevada (Placer.ai)
  • Excellent Visibility & Access; Hard-Corner, Signalized Intersection: The property is ideally situated at the signalized intersection of Sahara Avenue and Paseo Del Prado (69,000+ CPD) and has over 100 feet of frontage and exposure along Sahara Avenue providing three points of ingress and egress
  • Significant Daytime Population: There are 374,972 employees within a 3-mile radius
  • Dense Infill Las Vegas Location: The population exceeds 467,000 people within a 5-mile radius
  • Close Proximity to the Las Vegas Strip: 3 miles from the world-famous Las Vegas Strip (42 million annual visitors) and 15 minutes from Harry Reid International Airport (57.6 million annual passengers)

Property overview

CLICK HERE FOR COMPLETE OFFERING MEMORANDUM: https://bit.​ly/3RNaeY0

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.

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.