HMX Realty Advisors is pleased to offer a new construction Popeye’s located in Skokie, IL. The lease is backed by a seasoned franchisee and comes with a brand new 20-year term with 12% rental increases every 5 years. Popeye’s is an American multinational chain of fried chicken fast food restaurants with over 3,800 locations. Skokie, Illinois located 16 miles northwest of downtown Chicago and 12 miles east of O’Hare International Airport, is home to over 64,000 residents, 24,000 households and 2,400 businesses. For many years, Skokie promoted itself as “The World’s Largest Village”. Skokie’s streets, like that of many suburbs, are largely a continuation of the Chicago Street grid, and the village is served by the Chicago Transit Authority, further cementing its connection to the city. In 1888, the community was incorporated as Niles Centre. The name of the town was changed from “Niles Center” to “Skokie” by referendum in 1940. Skokie comes from a Potawatomi word for “marsh”. The village’s AAA bond rating attests to strong economic health via prudent fiscal management. Skokie was the first community in the entire United States to have nationally accredited Fire, Police and Public Works Departments. In recent years, the Village of Skokie has encouraged redevelopment in Downtown Skokie that now includes the development of the Illinois Science + Technology Park on the 23.4-acre former Searle/Pfizer site. The Village also participated in an expansion and renovation of Westfield Old Orchard, developed the North Shore Center for the Performing Arts in Skokie, renovated the Southeast Industrial area and began improvements to the West Dempster Street corridor. Money magazine has named Skokie one of the 80 fastest-growing suburbs in the U.S. Chicago magazine continues to rank Skokie near the top in its suburban livability rating, praising the Village’s schools, parks, municipal services and entertainment options. IL Broker of Record: Lauren Tucker License #: 475180545