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1687 Dove Park Rd

Mandeville, LA
Total Size
3,800 sqft
Year Constructed
Year Renovated
Building Class

About 1687 Dove Park Rd

McDonald's NNN Ground Lease Investment

Location - INTERSTATE 12 & LA Highway 59 (HARD CORNER - Double drive thru)

1687 Dove Park Rd, Mandeville, LA 70471

Mandeville is the most sought after suburb of the New Orleans MSA for extremely low crime, high quality of life for executives and families, and the best school districts in the state.

Land Site: 0.965 acres

Buidling: +/- 3800 sf

Lease Review

Corporate Lease – McDonald’s USA, LLC

Term: 20 years with +/- 16 years remaining

Commenced 10/23/2009 + (3) 10 year options.

NOI for the first 120 months is $77,500 annually

Rent increases in 10/2019 to $89,125 annually

Option 1: $102,493.68 annually Option 2: $117,867.72 annually Option 3: $135,547.92 annually

Annual Store Sales (according to $2,300,000.00 - Tenancy: Single Tenant

Internet Providers for 1687 Dove Park Rd

Provider Technology Max Download Speed Max Upload Speed
1 Gb/s
6 Mb/s
AT&T Louisiana DSL
10 Mb/s
1.5 Mb/s
MegaPath Corporation Copper Wireline
3 Mb/s
3 Mb/s

The Market: Greater New Orleans Region

On average, listings lease in the $20's per square foot per year. The Greater New Orleans Region submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.

Compared to the rest of the Greater New Orleans Region market, the Greater New Orleans Region submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Median Rate Median Size

Median Rate over Time in Greater New Orleans Region