Corporate Guaranteed Burger King
For Sale
Contact for pricing
7222 S Stony Island Ave, Chicago, IL 60649
Single-tenant Burger King offered with an absolute NNN lease and 13+ years of base term remaining.
Property SizeContact for details
Days on Market122
Property Features for 7222 S Stony Island Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Harvey Schmidt
Listed By:
Harvey Schmidt · License #PA RS324064
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 6:29AM
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 Harvey Schmidt
Investment Insights
Based on property information with market context.
This is a corporate guaranteed, single-tenant Burger King restaurant with 2,033 square feet situated on 0.60 acres at 7222 S Stony Island Ave in Chicago. The property is subject to an Absolute NNN lease, with no owner management or maintenance requirement. The lease has more than 13 years of base term remaining and includes 7.5% increases every five years.
Burger King has operated at the site since 1995, when the initial 20-year lease term commenced. The tenant renovated the property in 2015 to an updated concept and completed a 15-year lease extension. Burger King Corporation remains the guarantor throughout the lease term and all option periods. Tri-City Foods (a subsidiary of Dhanani Group) currently operates the restaurant under a sublease arrangement.
The seller also notes strong location sales metrics, with a stated rent-to-sales of about 6.6%.
Burger King has operated at the site since 1995, when the initial 20-year lease term commenced. The tenant renovated the property in 2015 to an updated concept and completed a 15-year lease extension. Burger King Corporation remains the guarantor throughout the lease term and all option periods. Tri-City Foods (a subsidiary of Dhanani Group) currently operates the restaurant under a sublease arrangement.
The seller also notes strong location sales metrics, with a stated rent-to-sales of about 6.6%.
Key Highlights
- 2,033 SF single‑tenant Burger King on 0.60 acres at 7222 S Stony Island Ave, Chicago, IL 60649
- Absolute NNN lease with no owner management or maintenance requirement and corporate Burger King guarantee throughout the term and options
- More than 13 years of base term remaining with 7.5% increases every five years
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,061
Businesses Nearby
252k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 26%
Groceries 25%
Apparel 6%
Jewel-Osco
Groceries
55,755 visits/mo
0.3 miles
Dollar Tree
Shops & Services
28,190 visits/mo
0.1 miles
Family Dollar
Shops & Services
18,382 visits/mo
0.4 miles
Starbucks
Dining
16,980 visits/mo
0.2 miles
Burger King
Dining
13,353 visits/mo
0.1 miles
Demographics for 60649, IL
48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-tenant Burger King offered with an absolute NNN lease and 13+ years of base term remaining.
Where is this conventional restaurant located?
The property is located at 7222 S Stony Island Ave Chicago, IL.
What are key features of this property?
This property features: 2,033 SF single‑tenant Burger King on 0.60 acres at 7222 S Stony Island Ave, Chicago, IL 60649; Absolute NNN lease with no owner management or maintenance requirement and corporate Burger King guarantee throughout the term and options; More than 13 years of base term remaining with 7.5% increases every five years
