ground leased McDonalds for sale

1. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
McDonald’s (Ground Lease)
3151 South Dirksen Parkway
Springfield, IL 62703

2. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
1) Confidentiality & Disclaimer
2) Executive Summary
3) Property Overview
4) Aerial
5) Site Plan
6) Maps
7) Tenant Profile
8) Demographic Comparison Report
9) Location Overview
10) Contact Information
TABLE OF CONTENTS
TABLE OF CONTENTS

3. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to
be reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person
or entity without the written consent of The Boulder Group. This Offering Memorandum has been prepared to provide
summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the
subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The
Boulder Group has not made any investigation, and makes no warranty or representation. The information contained
in this Offering Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group
has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any
investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy
or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the
information set forth herein.
CONFIDENTIALITY & DISCLAIMER
CONFIDENTITALITY & DISCLAIMER

4. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
The Boulder Group is pleased to exclusively market for sale a single tenant McDonald’s ground lease located
in Springfield, Illinois. McDonald’s has occupied the site for almost forty years and is committed to the area
as evidenced by the recent execution of their last remaining renewal option. The 4,134 square foot property
is located within a primary retail trade area directly off Interstate 55/72. Interstate 55/72 experiences traffic
volumes in excess of 50,000 vehicles per day. McDonald’s is an investment grade rated company with a Standard
& Poor’s rating of A.
The property is located along South Dirksen Parkway just east of Stevenson Drive and less than one-quarter mile
from the Interstate 55 exit ramp. Dirksen Parkway and Stevenson Drive experience traffic volumes of 13,900
VPD and 18,200 VPD respectively. The property benefits from the signalized intersection at South Dirksen and
Stevenson Drive, providing consistent traffic near the site. The McDonald’s property has multiple points of ingress
and egress and is located at the entrance to the Capital City Shopping Center. The Capital City Shopping Center is
anchored by AMC Theater, Big Lots and Anytime Fitness. Dirksen Parkway is home to numerous hotels including
the Crown Plaza, Holiday inn Express, Hilton Garden Inn and Comfort Suites. Employers in the immediate area
include the Illinois Department of Transportation (950 employees), The Illinois Secretary of State and City Water,
Light & Power of Springfield (650 employees).
McDonald’s original lease term is for 21 years and the amended lease expires in October 2018. McDonald’s
exercised their final renewal option in 2011 with no future renewal options remaining. This allows a prospective
investor to add value by potentially increasing the ground rent. McDonald’s is a publicly traded company on the
New York Stock Exchange (MCD), with a market capitalization of $94 billion. McDonald’s is an investment grade
rated company with a Standard & Poor’s rating of A.
INVESTMENT HIGHLIGHTS
• Investment grade rated company with an S&P rating of A
• Longstanding tenant for almost forty years
• Proven location as tenant recently executed their last renewal
option for five additional years
• Potential to add value by increasing the ground rent
• Dirksen Parkway experiences traffic volumes of approximately
14,000 VPD
• Triple net ground lease
• Positioned directly off Interstate 55 (50,000 VPD)
• Nearby retailers include AMC Theater, Big Lots and Anytime Fitness
EXECUTIVE SUMMARY
EXECUTIVE SUMMARY

5. NET LEASED INVESTMENT OFFERING
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PROPERTY OVERVIEW
PROPERTY OVERVIEW
Price: $766,080
Cap Rate: 5.00%
Net Operating Income: $38,304
Renewal Options: None
Lease Commencement Date: December 15, 1975
Lease Expiration Date: October 31, 2018
Tenant: McDonald’s
Credit Rating: A (Standard & Poor’s)
Year Built: 1975
Lease Type: Ground Lease - NNN
Rentable Square Feet: 4,134
Land Size: 37,409 SF

6. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
AERIAL
AERIAL
N
900+ EMPLOYEES
STEVENSONDRIVE
18,200VPD
S. DIRKSEN PARKWAY
13,900 VPD
50,700 VPD
55
DREAMLAND PARK
650 EMPLOYEES

7. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
SITE PLAN
SITE PLAN
N
S. DIRKSEN PARKWAY

8. NET LEASED INVESTMENT OFFERING
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MAPS
MAPS

9. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
McDonald’s Corporation (NYSE: MCD) is the world’s largest chain of hamburger fast food restaurants,
serving around 69 million customers daily throughout 118 countries. McDonald’s primarily sells hamburgers,
cheeseburgers, chicken, french fries, breakfast items, soft drinks, shakes and desserts. In response to changing
consumer tastes, the company has expanded its menu to include salads, wraps, smoothies and fruit. McDonald’s
restaurants offer customers counter service as well as drive-thru service. McDonald’s owns approximately 20%
of their restaurants, while the remainder of the stores are run my franchisee members or joint venture. In 2012
McDonald’s had total revenue of $27 billion.
Website: www.mcdonalds.com
Number of Locations: 34,480
Stock Symbol: MCD: NYSE
Standard & Poor’s Rating: A
Market Capitalization: $94 billion
Employees: 1.8 million
TENANT PROFILE
TENANT PROFILE

10. NET LEASED INVESTMENT OFFERING
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Population 3-mi 5-mi 7-mi
Total Population 36,741 102,996 144,679
Total Households 14,496 44,485 62,667
Income
Median Household Income $38,612 $40,126 $45,410
Average Household Income $52,128 $54,747 $61,151
DEMOGRAPHIC COMPARISON REPORT
DEMOGRAPHIC COMPARISON REPORT

11. NET LEASED INVESTMENT OFFERING
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Springfield is the capital of the State of Illinois and the county seat of Sangamon County. At
the time of the 2010 U.S. Census, Springfield had a total population of 116,250 making it the
sixth most populated city in Illinois. Springfield is located in central Illinois approximately 170
miles southwest of downtown Chicago and 85 miles north east of downtown St. Louis, Missouri.
Springfield has a rich history dating back to U.S. President Abraham Lincoln, who started his
political career in Springfield. The city draws tourist from all over the United States to visit the Lincoln Home
National Historic Site, the Lincoln-Herndon law offices, the Lincoln Tomb, the Old State Capitol, and the Lincoln
Depot.
The economy in Springfield is centered around state government, headquartered in Springfield. The state of
Illinois is the largest employer in Sangamon County with over 17,000 employees. Additionally, transportation
and utilities, and the health care industry each provide between 17,000 and 18,000 jobs to the city. Memorial
Medical Center is the largest private sector employer in Springfield with just under 6,000 employees.
www.springfield.il.us
LOCATION OVERVIEW
LOCATION OVERVIEW

12. NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
666 Dundee Road, Suite 1801
Northbrook, IL 60062
Randy Blankstein
President
847.562.0003
rblank@bouldergroup.com
Jimmy Goodman
Partner
847.562.8500
jimmy@bouldergroup.com
CONTACT INFORMATION
CONTACT INFORMATION