A retail property located at 22193 Bundy Canyon Road in Wildomar, California, has been sold for $3,230,000. This property encompasses approximately 4,000 square feet and sits on a 0.83-acre lot. The transaction reflects a price per square foot of $808. The asset is a newly built McDonald’s drive-thru, leased on a 20-year triple-net lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,230,000
• Address: 22193 Bundy Canyon Road
• Market: Wildomar
• Square Footage: 4,000
• Price Per Square Foot: $808
• Acres: 0.83
• Buyer's Representative: Dustin Lee - J&C Investment Group, Inc
• Seller's Representatives: Jonathan Schiffer & Austin Blodgett - RealSource Group

This transaction was facilitated between a private Southern California seller and an international investor buyer, highlighting the collaborative efforts of RealSource Group in brokering the deal for this McDonald’s ground lease. The deal achieved the lowest national cap rate for a McDonald’s lease in the past two years at 3.49%.