NEW LISTING: Burger King - Chicago (Plainfield), IL | $2,016,231 / 7.50% | Nations 2nd Largest Burger King Franchisee | 250+ Units

The Deltondo Group and Marcus & Millichap of Newport Beach are pleased to present for sale Burger King a single-tenant net-leased property located at 11740 Illinois Route 59, Chicago (Plainfield), Illinois 60585.

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The subject property is comprised of 3,101 square feet and was built in 2008. The building sits on a moderate 35,283 square foot lot with frontage on South Route 59 that oversees 33,000+ Vehicles Per Day.

Burger King is operated by Tri City Foods, Inc. and is backed by a 250+ Unit guaranty. Burger King has operated at this site since 2008 and has 8 years remaining on its initial term with One, 10-year option to extend the term. The current lease calls for 1.5% increases annually including the One, 10-year option.

Founded in 2003, Tri City Foods operates over 250 restaurants located in eight Midwestern states. Historically, they have grown through a combination of new restaurant development and strategic acquisitions to become the second-largest Burger King franchisee with annual revenues exceeding $420 million. Tri City Foods, Inc. is majority-owned by GSO Capital Partners, LP, a New York based investment group, and Todd Bartmess Tri City Foods, Inc.’s President and Chief Executive Officer.

Tri City Foods, Inc. has a proven record of acquiring distressed, underperforming restaurants, and turning them into well run profitable restaurants. This is accomplished through facility upgrades, the implementation and maintenance of a rigorous set of operating controls, the establishment of a culture of ethics and accountability along with focused training to ensure food safety and quality, exceptional service, and overall speed of service.

For more information about this property, please reach out to Peter Deltondo (949) 419-3267 - [email protected]. For additionally available inventory, please view our inventory at www.deltondoadvisorygroup.com