3626 Highway 528 is aretail property for lease in Rio Rancho, NM.
West Wood Realty is pleased to offer for sale a McDonald's corporate ground lease located in Rio Rancho [the fastest growing city in New Mexico]. McDonald's corporate has a S & P rating of "A" - NYSE Symbol: MCD
Situated on a 1.5406 acre site, the property is 100% leased to McDonald's under a twenty (20) year ground lease which commenced December 23, 2008, with 10% rent increases every five (5) years. The lease features four (4) five (5) year renewal options, also with attractive 10% rental increases in each option. The lease is absolute net, requiring no responsibilities of the Landlord.
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