facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal

McDonald's 2 Tenant 4,728 SF Retail Building 7.0% Cap Rate

McDonald's 2 Tenant 4,728 SF Retail Building 7.0% Cap Rate
FOR SALE

$1,427,000

606 East Lincoln Way, Morrison, IL 61270

4,728 SF

Square Feet

$302

PPSF

7.00%

CAP

Property Description

NOI

$99,891

Cap Rate

7.00%

Rare Fee Simple McDonald's Dual Tenant Building | Minimal Landlord Responsibilities | 4,728 SF Building on 1.04 Acre Lot

Rare 12% Rent Increases at Each (5) Year Option for McDonald's with the Next One at Renewal Option in March 2027 | 7 Five Year Renewal Options Remaining

Liquor Land Recently Signed a New 5-Year Lease in Adjacent Space next to McDonald's with two 5-Year Renewal options beginning on 05/28/2029 | Minimal Landlord Responsibilities

McDonald's is in the Top 7% of Most Visited Restaurants in a 30-Mile Radius

Shared Access with Casey's Gas Station in Top 25% of the Most Visited Locations in the United States | Premiere Visibility on US-30

Retail Corridor includes Top 11% in the Country Dollar General with 191K Visits and Dairy Queen with 142K visits

Broker of Record: Steven Weinstock, One Mid America Pl, St. 200 Oakbrook Terrace, IL (630)570-2200 [email protected] Lic#471.011175


Property Details

Asset Type

Retail

Year Built

2012

Lot Size

1 SF

Submarket

Morrison

ZIP

61270

Listing Type

sale


Offering Memorandum

Download

Net Operating Income (NOI)

$158,477

Debt Service Coverage Ratio (DSCR)

1.95x

Cap Rate

11.11%

Cash Flow (Annual)

$77,301

Cash-on-Cash Return

21.67%

Monthly Debt Service

$6,765

Annual Debt Service

$81,176

View on Map

Address

606 East Lincoln Way

Log in to see street view

Get exclusive comps and insights by logging in - it's free!

Morrison Retail Market Snapshot

Boundary boundary · Retail · Sale

No investors found in this market.

Contact the Listing Team

Steven Weinstock

Steven Weinstock

First Vice President / Regional Manager / National Director,

19 closed

Call
John Paine
Verified Badge

John Paine

Restaurant Property Sales Broker

15 closed

Call
Sam Noe

Sam Noe

Associate

7 closed

Call

Send a Message

Steven Weinstock

Steven Weinstock

First Vice President / Regional Manager / National Director,

19 closed

Call
John Paine
Verified Badge

John Paine

Restaurant Property Sales Broker

15 closed

Call
Sam Noe

Sam Noe

Associate

7 closed

Call