About This Restaurant
Investment Highlights
RARE 15-YEAR LEASE TERM | CORPORATE STARBUCKS | INVESTMENT GRADE CREDIT RATING (BBB+) OUTLOT TO THE $1B MICROSOFT DATA CENTER PARK | STRONG & GROWING DAYTIME POPULATION MAJOR REGIONAL ACCESS | FULL INTERCHANGE WITH I-90 (174,000 VPD) | 20 MIN. FROM O'HARE AIRPORT | 45 MINUTES FROM DOWNTOWN CHICAGO ABSOLUTE NNNN | ZERO LANDLORD RESPONSIBILITIES | TENANT SELF-MAINTAINS THE PROPERTY AFFLUENT NORTHWEST CHICAGO SUBURB | $154,254 AVG. HOUSEHOLD INCOME BRAND NEW 2024 CONSTRUCTION WITH HIGH-CAPACITY DRIVE-THRU | 15-CAR STACK
Executive Summary
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Freestanding General Retail Restaurant General Retail Storefront Freestanding
- Building Size 2,225
- Building Class B
- Year Built 2024
- Price 3,053,000
- Price Per SF 1,372
- Cap Rate 5.65
- NOI 172,500
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.04
- Land Acres 1.34 AC
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Drive Thru
Property Taxes
| Parcel Number | 01-36-102-001-0000 | Improvements Assessment | $58,486 |
| Land Assessment | $0 | Total Assessment | $58,486 |
| Date Created: | 2024-07-16 04:13:38 | Last Updated: | 2024-07-16 04:13:38 |
| Address: | 2925 Barrington rd , Hoffman Estates, Illinois, 60192 | ||