“A” Investment Grade Credit
McDonald’s boasts an impressive S&P rating of “A” Stable, highlighting the company’s strength and longevity. McDonald’s maintains their position as one of the most sought after single tenant retailers in the market, given their impressive company history and performance.
Strong Western Chicago Suburban Market
Downers Grove is a well-known, mature suburb in Metropolitan Chicagoland. Its location near major highways, I-355 and I-88, and the commercial corridor consisting of Oakbrook, Lombard, and Downers Grove will ensure the community’s long term desirability for businesses, retailers, and residents alike.
Unique Custom Order Concept
Along with McDonald’s standard menu, this store will also have a “Create Your Taste” custom order menu. This allows customers to order completely unique items using fresh, locally relevant food options, including a wide array of toppings and sauces. The “Create Your Taste” menu has been introduced at a select number of stores across the country and will draw customers from beyond the traditional trade area given the fun and unique options not found at typical McDonald’s restaurants.
Large Built-In Customer Base
There is a large, Class A office park located directly to the north of the subject property, which ensures a consistent lunch and dinnertime clientele. The tenant will also draw customers from the many auto dealerships nearby, the extended stay hotel across the street, and numerous businesses located in this commercial corridor. In total, there are 95,000 day time workers within 3 miles of the site.
Within 3 miles, there are 78,000 full time residents with an average household income of $106,000. There are approximately 260,000 people in a 5 mile radius of the site, making this densely populated and affluent trade area a desired location for retailers of all types.
McDonald’s is relocating from its existing location one mile east of the subject site. This highlights the company’s long term confidence and expected profitability in the new location, given its strategic proximity to the major highways.
Full Highway Interchange
There are over 300,000 cars traveling daily on two adjacent expressways (I-355 and I-88), which are less than a quarter mile to the west of the site. Additionally, over 35,000 vehicles per day pass by the site on Ogden Avenue.