MCDONALD'S GROUND LEASE SELLS FOR $1M

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KENOSHA, WIS. — The Boulder Group has arranged the $1 million sale of a single-tenant McDonald's ground lease located at 3711 57th St. in Kenosha. McDonald's occupies 4,467 square feet in the retail building, which was developed in 2011. The company has a 20-year ground lease at this property with rental escalations throughout the lease term. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller, a Chicago development firm in the deal. They also represented the buyer, a private investor based in the Midwest.

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