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    2180 Randall Rd Carpentersville, IL 60110

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    For Sale
    $2,030,000

    Freestanding Popeyes in Chicago MSA with absolute NNN lease.

    Property size:
    2,528 SF
    Lot size:
    0.98 Acres

    Property Features for 2180 Randall Rd

    General Information

    Size
    2,528 SF
    Lot size
    0.98 Acres

    Source: SRS Industrial - Newport Beach Agent Matthew Mousavi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Drive-Thru Popeyes Investment Opportunity

    This freestanding, drive-thru equipped Popeyes restaurant is available for purchase in Carpentersville, Illinois, part of the Chicago MSA. The property offers an absolute NNN lease, providing a management-free investment opportunity for a passive investor. The tenant has 3 years of firm term remaining with two additional 5-year option periods. The lease includes 1% annual rental increases throughout the initial term and option periods. Founded in 1972, Popeyes operates approximately 4,000 restaurants globally. The building size is 2528 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Popeyes Louisiana Kitchen Chicken Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carpentersville
    County
    Kane
    State
    Illinois
    Longitude
    -88.3361831
    Latitude
    42.120527

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    • $2,345,000
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      2180 Randall Rd

      Restaurants • 0.99 Acres
      2180 Randall Rd, Carpentersville, IL 60110
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Freestanding Popeyes in Chicago MSA with absolute NNN lease.
    Where is this drive through restaurant located?
    The property is located at 2180 Randall Rd Carpentersville, IL.
    What is the asking price?
    The asking price for this property is $2,030,000.
    What are key features of this property?
    This property features: - Absolute NNN lease offers a management-free investment.; - Drive-thru equipped Popeyes location in Carpentersville, IL (Chicago MSA).; - Tenant has 3 years of firm term remaining with 2 (5-year) option periods.
    (949) 698-1116
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2180 Randall Rd Carpentersville, IL 60110
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