824-830 S Dixie Hwy
Hoopeston, IL 60942
McDonald's Anchor Strip · Retail Property For Sale

Corporate Lease with Investment Grade Tenant | The lease is guaranteed by McDonald’s Corporation (NYSE: MCD), a Fortune 500 company with an investment-grade credit rating of “BBB+” (S&P). Globally Recognized Brand | McDonald’s brand recognition & operating stability reinforces its market dominance in primary, secondary, and tertiary markets across the country. Corporate Growth | According to the Wallstreet Journal, McDonald’s has surpassed analyst expectations in the 2nd quarter of 2019 experiencing 5.7% growth, attributed to successful deals like its 2 for $5 Mix and Match promotion and by vast improvements to their digital footprint. Ample Rent Growth | McDonald’s lease structure features 3% rental increases every 5 years, with an increase anticipated in 2022; while Verizon features 4% increases per year. Brand Advantage | Verizon is the most dominant telecommunication company in the United States with a higher market price per share than its competitors that enables it to thrive in primary, secondary, and tertiary markets. Strong Tenant Commitment | McDonald’s, the anchor tenant, has been at the site since its inception in 2012 with 12+ years remaining on its lease term; and seven (5) year options to extend thereafter. Significant Upside | There is a 10.53% GLA vacancy in the center, allowing an investor to capitalize on value through leasing efforts. Diverse Tenant Mix | McDonald’s & Verizon paired with a Chiropractic tenant that has been at this site since the building’s inception. All three tenants are internet resistant, which adds an additional layer of security to this investment.