STARBUCKS ANCHORED CENTER

STARBUCKS ANCHORED CENTER

$2,743,000 | 7.00%

Hainesville , Illinois

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Features

  • Starbucks-anchored, fully occupied center with stable tenant roster
  • Starbucks has operated at the property for over 20 years | 4.58 years of term remaining
  • 11.56-year weighted average tenant tenure | Lakemoore Dental has operated for nearly 13 years | Old Chicago Red Hots has operated for nearly 7 years
  • Durable Lease Term with Built-In Rental Growth | 5.08-year weighted average lease term provides investors with near-term income stability
  • Supplemental Income Through Parking Agreement
  • Positioned along W Belvidere Road, a key western suburb thoroughfare with 22,800 vehicles per day
  • Benefits from a strong five-mile trade area with 134,979 residents and average household income of $131,581

Contact

SEAN SHARKO
Senior Managing Director
Tel: (630) 570-2238
sean.sharko@marcusmillichap.com

* Broker of Record: Steven Weinstock

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