The developer will perform per the workletter in the ground lease that details out HOW the out parcel pad is delivered to McD.

Quote from @Bailey Coleman: Has anyone done a pad split in Cleveland Ohio?

This one asset will not make or break your portfolio, like you said it won't even cash flow well so really it's in the portfolio to pad the number of houses in the portfolio.On the other hand...170k pretax is around 102k clear after short term capital gains tax.That 102k gets you liquid and keeps the journey going. 

If I can come up with capital to build I will but utilities pad and driveway all I could afford at most and that’s stretching it is a manufactured home.

Scott Brake on Zillow has been a trusted real estate agent for buying our homes, during the many walk throughs he was quick and honest to point out problems he saw with the homes from his experience as an agent and also a landlord.

A lot of money out to buy the dirt then the cost to set up the park which can run 20k plus per pad. then the time it takes to fill the park. those are the calcs you have to run to see if its going to work..

Also the pad only serves one true purpose (sound deadening, NOT WARMTH and certainly not improved comfort underfoot that is not discernible to most clients), the more level the floors the less need for the pad).

This is money to the right vintage guy.Therefore, the wiser course now, for the BRRRR you want. would be to cover it, with carpet, padded laminate flooring, or luxury vinyl plank flooring.

Maybe suggest felt pads for furniture legs to reduce noise from moving chairs or tables.

However, many of those properties are actually on ground leases, so its very rare that the shopping center owner is willing to parcel off a pad and cell it, more often than not they are retaining the dirt and the restaurant is leasing the dirt (generally $100K-$180K annually from most markets I operate in) and then the business builds the building and when they leave the LL gets to keep it and lease it to another tenant.