1740 W Army Trl Blvd, Addison, IL

Listing agent Bob Moorhead

Listing office Secure Net Lease - Dallas Show Phone

Listing date Dec 12, 2024

Source Moodyscre

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Overview

This property features a newly constructed 3,062+/- square foot building on a 0.54+/- acre site. The property is under a brand new, build-to-suit, 15-year NNN lease, which includes 7.5% rental increases every five years. The location is strategic, situated just off I-355, a primary north/south interstate with 38,200+ vehicles per day and 32 miles of direct access to Chicago’s suburbs. It is near the UPS Addison, IL Hub (300,000+ SF) and several million square feet of industrial/retail businesses. The immediate trade area features an estimated population of over 275,000. 7-Eleven, with an S&P rating of A, is the largest chain store operator in the world, with over 85,000 stores. The property is located in Addison, Illinois, 20 miles from downtown Chicago, with a population of 36,724+ (MSA Population: 9.4M+).

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

Location Insight

• Map
• Local Demand

City

Addison

County

DuPage

State

Illinois

Longitude

-88.0315

Latitude

41.9317

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FAQs

What type of property is this?

Grocery and convenience store - New construction 7-Eleven with long-term NNN lease near Chicago.

Where is this grocery and convenience store located?

The property is located at 1740 W Army Trl Blvd Addison, IL.

What is the asking price?

The asking price for this property is $3,915,000.

What are key features of this property?

This property features: 15‑year NNN lease with 7.5% rental increases every 5 years.; Brand new build‑to‑suit (2021 construction).; Strategically located just off I‑355 (38,200+ VPD).