Sale is part of a break-up strategy of French Valley Marketplace valued in excess of $40 million
SRS Real Estate Partners’ National Net Lease Group completes $3.3 million ground lease sale of a McDonald’s-occupied property near Temecula for a 3.48% cap rate
FRENCH VALLEY – SRS Real Estate Partners’ National Net Lease Group announced recently it has completed the $3.3 million ground lease sale of a 4,400-square-foot property occupied by McDonald’s in French Valley.The newly developed property with a drive-thru opened its doors in 2023 and has a 20-year absolute triple-net corporate-guaranteed ground lease in place. The freestanding building is within French Valley Marketplace, 35958 Winchester Road, in French Valley. French Valley is in the Inland Empire market of Southern California in southwestern Riverside County, near the cities of Murrieta and Temecula.SRS NNLGâ