WILDOMAR, Calif. - RealSource Group, a national commercial real estate brokerage company specializing in investment sales, sale-leasebacks and tenant representation, announced the sale of a single-tenant McDonald's drive-thru in Wildomar, California. The transaction represents the lowest cap rate recorded for a McDonald's ground lease nationwide in the past two years, according to CoStar. The purchase price was $3,230,000.
RealSource Group's Jonathan Schiffer, CCIM, Senior Associate, and Austin Blodgett, Senior Vice President of Investment Sales, represented the seller, a private Southern California-based developer. The buyer, a private international investor, was represented by Dustin Lee of J&C Investment Group, Inc.
"We generated numerous qualified offers through a blend of RealSource's proprietary marketing outreach and targeted inbound demand and secured a buyer during the final stages of the project's construction," Schiffer said. "The property closed at list price shortly after McDonald's opened for business. The 3.49% cap rate represents the lowest reported for a McDonald's ground lease nationally in the past two years, per CoStar, and establishes a new benchmark for McDonald's net-lease pricing."
Blodgett added, "The buyer was specifically seeking long-term, investment-grade credit in an A+ Southern California location. The McDonald's in Wildomar fit his criteria perfectly and offered the passive, absolute triple-net structure he was targeting."
Located at the intersection of Interstate 15 and Bundy Canyon Road, the McDonald's at 22193 Bundy Canyon Road sits on a 0.83-acre parcel and features a newly constructed 4,000-square-foot restaurant with the company's latest dual-lane prototype design. Built in 2025, the property benefits from multiple points of ingress and egress, strong visibility and more than 23,000 cars per day along Bundy Canyon Road. The site offers direct access to Interstate 15, one of Southern California's primary transportation corridors, with more than 125,000 cars per day. The McDonald's also benefits from highway pylon signage and a high-barrier-to-entry trade area along Interstate 15.
The McDonald's is positioned within Canyon Plaza, a multi-phase development with significant retail synergy. Nearby uses include a brand-new Starbucks (currently listed for sale by RealSource Group), a 7-Eleven gas station and convenience store, and additional retail planned for development. The surrounding trade area features affluent and dense demographics, with an average household income exceeding $140,000 and a population of more than 130,000 within a five-mile radius.
The property is leased to McDonald's Corporation (NYSE: MCD) on a brand-new 20-year absolute triple-net ground lease. McDonald's is an investment‑grade tenant (BBB+ S&P, Baa1 Moody's) with more than 40,000 locations across 100-plus countries, over 85 years of operating history and approximately $26.27 billion in trailing 12-month revenue as of September 2025.
"Essential-use, drive-thru assets leased to investment-grade tenants continue to attract strong investor demand," Blodgett said. "In today's market, long-term leases, high-traffic locations and best-in-class credit remain the defining characteristics of stable, income-producing net-lease investments."
About RealSource Group
RealSource Group, founded in 1991, is a national commercial real estate brokerage company specializing in tenant representation, investment sales and sale-easeback transactions. Leveraging its sales and leasing experience, extensive broker network, technology, unique processes and national reach, RealSource delivers consistent production, exceptional service and measurable results for clients across the country. Having completed more than 1,000 commercial real estate deals nationwide, RealSource has perfected its platform through proven execution over the past 34 years. For more information, visit: realsource.com.
Media Contact
Company Name: RealSource Group
Contact Person: Jonathan Schiffer, CCIM, Senior Associate
Email: Send Email
Phone: 949.688.1280
Address:12 Corporate Plaza Suite 150
City: Newport Beach
State: California
Country: United States
Website: https://realsource.com/
