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Applebee's Outparcel Center
For Sale
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1700 N Richmond Rd, McHenry, IL 60051

Two-building retail center anchored by a single-tenant NNN leased Applebee’s with about four years remaining.

Property SizeContact for details
Days on Market120

Property Features for 1700 N Richmond Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Brookwood Capital Advisors - Hamd
Listed By: Ben Hamd · License #VA 02260227550
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 6:48AM

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 Brookwood Capital Advisors - Hamd

Investment Insights

Based on property information with market context.

Brookwood Capital Advisors presents an Applebee’s outparcel center in McHenry, Illinois, offered for sale with auction proceedings scheduled for January. Offers are being accepted now prior to auction.

The property consists of two buildings, including an outparcel center and a single-tenant NNN leased Applebee’s. The Applebee’s lease has approximately four years remaining. The listing notes that about 92% of the NOI is attributed to national or strong regional tenants.

The center is being marketed as a multi-building retail asset, with the Applebee’s identified separately from the outparcel component within the overall property structure.

Key Highlights

  • Two‑building retail outparcel center in McHenry, IL (Chicago MSA), anchored by a single‑tenant NNN leased Applebee’s
  • Applebee’s lease has roughly 4 years remaining
  • Portfolio includes two buildings: an outparcel center plus the NNN leased Applebee’s

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Skin Care Clinic Parking Lot & Garage Spa & Massage Center Garden Center Gym & Fitness Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 64% Shops & Services 36%
Ace Hardware Home Improvements & Furnishings
9,439 visits/mo 0.1 miles
Marathon Shops & Services
5,232 visits/mo 0.1 miles

Demographics for 60051, IL

24,649
Population
10,210
Households
2.4
Avg Household Size
42
Median Age
33%
College-Educated
94%
High-School Grad
33.2 sq mi
ZIP Area
742
Density / Sq Mi
$104,227
Median Household Income
$53,527
Median Earnings
$1,665
Median Rent
$268,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Two-building retail center anchored by a single-tenant NNN leased Applebee’s with about four years remaining.
Where is this nnn property located?
The property is located at 1700 N Richmond Rd McHenry, IL.
What are key features of this property?
This property features: Two‑building retail outparcel center in McHenry, IL (Chicago MSA), anchored by a single‑tenant NNN leased Applebee’s; Applebee’s lease has roughly 4 years remaining; Portfolio includes two buildings: an outparcel center plus the NNN leased Applebee’s
More about this property
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