10% increases every 5 years through initial term and options
Corporate guaranteed (NYSE: MCD
S&P: BBB+)
Dual drive-thru, providing further convenience for the consumer
Location
The property is located within Northgate Crossing, a 90-acre master planned mixed-use development consisting of retail, medical office, hospitality, and residential. The development currently features 4 drive-thru restaurants and an Arco AM/PM Gas Station, Convenience Store and Car Wash. There are 115 single family detached lots built and under construction as well as 247 multi family units
Coachella Valley is among the fastest-growing markets in Southern California, driven by affordable housing, increased interest from national retailers and developers, and ongoing public infrastructure investments, including the future passenger rail service to Los Angeles