About This Restaurant
Investment Highlights
Executive Summary
Excellent chance for investors! Located in the sought-after Northside area of Chicago, this Starbucks presents a prime investment opportunity. Total rentable area of 2,149 square feet on a 0.62-acre of land. The property is fully leased to Starbucks with a lease term of 10 years with four 5 year renewal options. Its advantageous corner position is complemented by 14 parking spaces and a convenient drive-thru.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Restaurant
- Building Size 2,149
- Building Class B
- Year Built 2017
- Price 2,750,000
- Price Per SF 1,280
- Cap Rate 4.26
- NOI 117,013
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.08
- Land Acres 0.62 AC
Property Taxes
| Parcel Number | 13-06-102-015-0000 13-06-102-021-0000 | Improvements Assessment | $57,470 |
| Land Assessment | $177,113 | Total Assessment | $234,583 |
| Date Created: | 2024-07-16 04:13:40 | Last Updated: | 2024-07-16 04:13:40 |
| Address: | 6332 N Northwest Hwy , Chicago, Illinois, 60631 | ||