2280 W Higgins Rd - Fast Food FOR SALE


Hoffman Estates, IL 60169
$3,066,000 USD
214-675-0175
2280 W Higgins Rd, Hoffman Estates, IL for Sale
$3,066,000 USD
Fast Food - FOR SALE
1/6
null | 5.65% Cap Rate

2280 W Higgins Rd
Hoffman Estates, IL 60169


HIGHLIGHTS

  • 2024 Construction. 2,349+/- SF Building on 0.66+/- Acre Site
  • Located on W Higgins Road (22,066+ VPD), just South of 1-90 (149,975+ VPD)
  • Superb Demographics in Northwest Suburb of Chicago – 210,100+ Residents w/in 5 Miles w/ Avg. HH Income of $125,830+
  • Across the Street from Ascension Saint Alexius Medical Campus – 950+ Physicians, 1,800+ Employees, & 60+ Specialties
  • Popeyes is the World’s Second-Largest Quick-Service Chicken Brand, With Over 4,178 Locations Worldwide
  • Hoffman Estates | Located in the Chicago, IL MSA | MSA Population: 9.4M+

OVERVIEW

Brand New 20 Year Ground Lease with 10% Rental Increases Every 5 Years, Plus (4) 5 Year Options to Renew

FOR SALE DETAILS

PRICE

$3,066,000 USD

PRICE/SF

$1,022 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Popeyes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,547 SF

ZONING

-

APN/PARCEL ID

07-07-205-009-0000

ASK ABOUT THIS PROPERTY

Matthew ScowSecure Net LeaseMore Info
214-675-0175

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Matthew ScowSecure Net LeaseMore Info
214-675-0175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.