Investment Overview

Marcus & Millichap is pleased to present for sale a dual-tenant property located on US-30 in Morrison, Illinois. The property includes a fee simple McDonald’s and a local liquor store, Liquorland. Liquorland recently signed a new five-year net lease, set to expire on May 28, 2029. McDonald’s, occupying the adjacent space, is currently in the first of eight five-year extension options, which could extend their lease through 2062. The McDonald’s lease features an attractive 12 percent rent increase every five years, with the next adjustment scheduled for March 2027 upon lease option exercise. Significant improvements have recently been completed, including the installation of a new HVAC system in September 2022. The property also offers investor-friendly features, with minimal landlord responsibilities that are primarily limited to exterior and HVAC upkeep, which are reimbursed annually. Located in northwestern Illinois, Morrison serves as the county seat of Whiteside County. Positioned approximately 130 miles west of Chicago and just 20 miles from the Mississippi River, the town acts as a gateway for commuters and travelers between Illinois and Eastern/Central Iowa. The property benefits from high visibility along U.S. Route 30, a major east-west highway that connects Morrison to key markets such as the Quad Cities and Sterling-Rock Falls. This route sees an average daily traffic count of 8,800 vehicles, providing a consistent flow of travelers and commercial transport. The property is also situated next to Morrison Community Hospital, a major anchor institution that employs over 150 healthcare professionals. The hospital generates steady weekday traffic from employees, patients, and visitors. Furthermore, the property benefits from its integration into Morrison’s primary retail district, which features a variety of complementary businesses