McDonald's
Brand-New 20-Year Ground Lease | Investment Grade Tenancy
Marketing description
Northmarq is pleased to present the opportunity to acquire a brand-new McDonald’s ground lease located at 6300 W. North Avenue in Chicago, Illinois. The Property is secured by a new 20-year ground lease with 10% rental increases every five years, sixteen five-year renewal options, and zero landlord responsibilities, providing investors with a passive income stream backed by an investment grade tenant.
Positioned on a rare 1.09-acre urban infill parcel at the signalized hard corner of North Avenue and Mobile Avenue, the Property benefits from 29,300 VPD, multiple access points, and a dual-lane drive-thru. The surrounding trade area features over 35,000 residents and $133,000+ average household income within one mile, supporting strong long-term demand.
Investment highlights
- Brand-New 20-Year Ground Lease
- Investment Grade Tenancy & Most Sought-After QSR Operator
- Exceptional Visibility at Hard Corner Signalized Intersection
- Irreplaceable Urban Infill Site with Large Parcel & Multiple Points of Access
- Densely Populated Urban Location in Chicago
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