McDonald’s Multi-Tenant

CONTACT US REGARDING THIS LISTING

Alec Manoogian

Investment Advisor

Douglas Passon

Managing Partner

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PROPERTY ADDRESS

824-830 DIXIE HIGHWAY, HOOPESTON, IL 60942

PROPERTY INFORMATION

Price:
$1,591,488
Cap Rate:
5.65%
Term Remaining:
Varies by Tenant Years
Year Built:
2012
Status:
Available

INVESTMENT HIGHLIGHTS

  • 6,649 SF Multi-Tenant Property Built in 2012
  • Outlot to IGA Supermarket
  • McDonald's is the Anchor Tenant with over 54% of GLA
  • 10.53% GLA Vacancy for Value Add Component
  • Rent Increases During Primary Term to Hedge Against Inflation
  • National Tenant Subleasing from Hoopeston Community Hospital
  • ADT Exceeds 11,900+ VPD Passing the Property
  • Multiple Ingress/Egress Access Points at Signalized Intersection
  • 10 Mile Population Exceeds 8,400 Residents
  • 5 Mile Average Annual Household Income Exceeds $52,000