Drive-Thru Restaurant with
For Sale
Contact for pricing
Pending
3220 N Lewis Ave, Waukegan, IL 60087
2023-built drive-thru restaurant with an outdoor patio and a large pylon sign on a high-traffic corner.
Property SizeContact for details
Days on Market119
Property Features for 3220 N Lewis Ave
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Traffic Count
29,700 vehicles/day
Building Details
Year Built
2023
Tenancy
Single
Listing Agency:
ParaSell Inc
(949) 942-6585
Listed By:
Scott Reid · License #000127148-0
Source:
Crexi
Added: Apr 24
Changed: Aug 20
Last Checked: Aug 18 at 5:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ParaSell Inc
Investment Insights
Based on property information with market context.
A 2023-constructed drive-thru restaurant featuring an outdoor patio and a large pylon sign along N Lewis Avenue. The property is leased on a new 10-year corporate net lease to Starbucks (NASDAQ: SBUX), with 10% scheduled rent increases in the primary term and option periods, and limited landlord responsibilities.
The site is located near a signalized hard-corner intersection of N Lewis Avenue and W Yorkhouse Road, with a combined traffic count of 29,700 vehicles per day. It offers substantial street frontage and is positioned as an outparcel to an Ace Hardware and Dollar Tree-anchored center. Target and Jewel-Osco are directly across, with Taco Bell adjacent, along with other national retailers in the immediate vicinity.
The surrounding area includes a mix of schools and community amenities, supporting consistent daily local activity.
The site is located near a signalized hard-corner intersection of N Lewis Avenue and W Yorkhouse Road, with a combined traffic count of 29,700 vehicles per day. It offers substantial street frontage and is positioned as an outparcel to an Ace Hardware and Dollar Tree-anchored center. Target and Jewel-Osco are directly across, with Taco Bell adjacent, along with other national retailers in the immediate vicinity.
The surrounding area includes a mix of schools and community amenities, supporting consistent daily local activity.
Key Highlights
- New 10‑year corporate net lease to Starbucks (NASDAQ: SBUX) with 10% scheduled rent increases during primary term and option periods
- Constructed in 2023; drive‑thru component plus outdoor patio
- Located near the signalized hard‑corner of N Lewis Avenue and W Yorkhouse Road with 29,700 vehicles per day combined traffic count
Property Analytics
Current Use
Lease Details
29,700 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
199k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 32%
Groceries 23%
Dining 20%
Shops & Services 18%
Target
Superstores
63,738 visits/mo
0.2 miles
Jewel-Osco
Groceries
45,857 visits/mo
0.1 miles
Dollar Tree
Shops & Services
18,331 visits/mo
0.0 miles
Taco Bell
Dining
14,987 visits/mo
0.1 miles
Starbucks
Dining
14,099 visits/mo
0.1 miles
Demographics for 60087, IL
28,207
Population
10,047
Households
2.8
Avg Household Size
36
Median Age
18%
College-Educated
77%
High-School Grad
13.0 sq mi
ZIP Area
2,170
Density / Sq Mi
$79,162
Median Household Income
$38,929
Median Earnings
$1,294
Median Rent
$185,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Starbucks — 3050 N Lewis Ave, Waukegan, IL 60087
- Starbucks — 3220 N Lewis Ave, Waukegan, IL 60087
Frequently Asked Questions
What type of property is this?
Coffee shop - 2023-built drive-thru restaurant with an outdoor patio and a large pylon sign on a high-traffic corner.
Where is this coffee shop located?
The property is located at 3220 N Lewis Ave Waukegan, IL.
What are key features of this property?
This property features: New 10‑year corporate net lease to Starbucks (NASDAQ: SBUX) with 10% scheduled rent increases during primary term and option periods; Constructed in 2023; drive‑thru component plus outdoor patio; Located near the signalized hard‑corner of N Lewis Avenue and W Yorkhouse Road with 29,700 vehicles per day combined traffic count
