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Freestanding For Sale • 2,231 SF
| 15 Year Starbucks Featuring a 15% Rental Increase in 2034 and 10% at Options 2 - 4. Brand New 2024 High Quality Construction w/ Drive-Thru. |
| Positioned Along Area’s Traffic and Industrial Corridor: Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 31k Vehicles. |
| Starbucks has a S&P Investment Grade Credit Rating of “BBB+” and is Ranked #125 on the Fortune 500 List with an Annual Revenue of more than $35.97 B. |
| Extremely Dense and Affluent Area with over 647k People Residing in a 5-Mile Radius & an Average Household Income of $80k+ w/in a 1-Mile Radius. |
| Strong Daytime Employment Area - Across FedEx Freight Distribution Center & Surrounded by Numerous Established Distribution Centers, Industrial etc |
| The Site Benefits from its Close Proximity to Downtown Chicago - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants. |
| Cap Rate: | 5.65 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Starbucks | 2,231 SF | 6/30/2039 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Berwyn Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 8 min | - | 3.6 mi |
| Lavergne Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 8 min | - | 4.0 mi |
| Airport | Drive | Walk | Distance |
| Chicago Midway International | 3 min | - | 1.5 mi |
| Chicago O'Hare International | 37 min | - | 18.9 mi |
Alvin Mansour
The Mansour Group of Marcus & Millichap
Alvin Mansour
The Mansour Group of Marcus & Millichap
