Learn Commercial Real Estate
For those of us living in the the urban / suburban areas we pass corporate owned RETAIL stores like Ross, McDonalds, Woolworth's, Starbucks and more.
Do we ever stop to think that those stores have to have a Real
Estate Agent who helps put the business there.
Who are these people and how do we connect with them?
How do we figure out how to add value?
Keep reading to find out Who, What and Where.
This week is about McDonald's Corporate Real Estate.
I chose McDonald's as they have a commanding presence in many cities.
I chose this giant to show you how easily they can be accessed.
Even if we don't eat McDonald's,
We have seen them many times and can relate.
For most people, when they think of McDonald's ....they think of a fast food restaurant.
They think hamburgers and french fries.
They think McDonald's must be making so much money from all the people that buy and eat their food.
The real TEA is McDonald's is actually a Real Estate Company that HAPPENS to sell hamburgers and fries.
$30 Billion Dollar in Real Estate world wide belongs to
They have over 13,800 locations in the United States.
They Lease out their properties to franchisees and put them on a PERCENTAGE LEASE.
This means they get money off the top from the profits.
Each retail chain/franchise has specific requirements they need in order to consider a location. For example:
- 50,000+/- sq. ft.
- Corner or corner wrap with signage on two major streets.
- Signalized intersection.
- Ability to build up to 4,000 sq. ft.
- Parking to meet all applicable codes.
- Ability to build to a minimum height of 23' 4".
Here is the translation:
McDonald's requires the lot to be 45k- 50k square feet.
The actual building must be 4,200k - 4,800k sq.ft
The prefer something on the corner of two major streets.
The intersection they chose must have proper signals and stop signs.
Parking area has to meet certain requirements.
They have minimum heights that each space must have.
They also have free standing locations in airports, casinos, urban market areas and travel centers.
Do you have a property in your area that fits these requirements?
Do you have a McDonalds that have gone out of business in your area?
If so check the bottom of this email to find out the contact information of the people who work with McDonald's.
I've also Included a list of properties McDonald's has for Sale and Lease.
I am always interested in how you use this information.
After you've Checked it out.
Hit reply and let me know if this email has give you more insight into Commercial Real Estate.
For those in the Wealth Builders Membership we are going to be demystifying Corporate Real Estate download the attachments and save for later.
Check out these properties for Lease or Sale that McDonald's is trying to do a deal on.
|McDonald's Properties for LEASE or SALE|
As always have a productive week.
ENGAGE AND CONNECT WITH US. I'd love to hear from you.
ENGAGE AND CONNECT WITH US.
BRING US YOUR QUESTIONS ABOUT LEASING
WE ARE HERE TO HELP
Website address www.LearnCommercialRealEstate.com
The best is yet to come,