Features

• Essential Global Tenant | Starbucks Corporation
  • Leading Coffee Company and Coffee Chain in the World
  • Fortune 500 Company | NASDAQ: SBUX | BBB+ Standard and Poor’s Credit Rating
• Strong Lease Terms | Seven Years Remaining on Double-Net, Corporately Guaranteed Lease | Minimal Landlord Responsibility
  • Strong 10 Percent Rent Bumps Every Five Years
• Newer 2017 Construction | Built-to-Suit | Includes a Drive-Thru and an Outdoor Seating Area
• Ideally Located Just Off the High-Traffic Intersection of Lake Cook Road and Rand Road (IL Route 12) | Combined Traffic Count Exceeding 99,000 Vehicles Passing per Day
  • Located on the Morning Side of Traffic with Great Access
  • Entrance Points Off of Rand Road (53,100 Vehicles per Day) and Lake Cook Road (46,600 Vehicles per Day)
  • Less Than One Mile to the Highway 53 Interchange | 108,000 Vehicles per Day
• Abundance of Complementary Commercial Space | Over One Million Square Feet of Prime Retail Within One Mile of Subject Property
  • Shopping Centers Include Deer Park Town Center, Kildeer Village Square, The Shops at Kildeer, The Quentin Collection, Town Square Promenade and More
• Attractive Demographics | Highly Dense and Affluent Infill Area
  • Population of 197,246 Within a Five-Mile Radius
  • Average Household Income Within One Mile is $149,581
• Subject Property is Located in One of the Four TIFF Districts for Palatine

Contact

AUSTIN WEISENBECK
Senior Vice President Investments
Tel: (630) 570-2169
Austin.Weisenbeck@marcusmillichap.com
* Broker of Record: Steven Weinstock