McDonald's - Biloxi, MS

JLL is pleased to offer the opportunity to acquire a 3,833 SF ground lease located at 110 Eisenhower Drive in Biloxi, MS, adjacent to Edgewater Mall. The asset generates total annual base rent of $86,625 and features a remaining lease term of 7.3 years with McDonald's (NYSE: MCD) as the tenant, the world's leading fast-food brand with over 40,000 restaurants in 100 countries serving more than 63 million customers daily and recognized as a premier franchising company with revenues exceeding $25.9 billion.

The asset is strategically positioned on an outparcel to Edgewater Mall and a Walmart Supercenter along Beach Boulevard, a highly trafficked retail thoroughfare experiencing over 30,000 vehicles per day. The property benefits from outstanding surrounding demographics in the Biloxi MSA, with over 416,000 residents and average annual household income exceeding $87,000 within a five-mile radius. The ground lease structure features a built-in rent escalation of 10% in September 2027 and then remains flat for the remainder of the initial term. With five 5-year renewal options featuring 10% increases each option period, the lease provides consistent cash flow growth. This investment presents the opportunity to acquire a stabilized, income-producing asset anchored by a creditworthy national tenant with excellent real estate fundamentals in a high-growth suburb of the Mississippi Gulf Coast.