Freestanding Drive-Thru
For Sale
Contact for pricing
1165 N Lake St, Aurora, IL 60506
Newly constructed freestanding Starbucks with drive-thru on a high-traffic intersection in a dense retail corridor.
Property SizeContact for details
Days on Market135
Property Features for 1165 N Lake St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
JLL Chicago | Americas Headquarters
(312) 782-5800
Listed By:
Mohsin Mirza · License #IL 475.189943
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Jul 21 at 9:23PM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
JLL presents a for-sale, freestanding, single-tenant Starbucks at 1165 N Lake St, Aurora, IL. Delivered in September 2022, the property is drive-thru equipped and arranged to serve Starbucks operations under a 15-year net lease. The lease includes 10% rental increases after five years, along with four additional five-year renewal options.
The asset is positioned on a highly-trafficked intersection with approximately ±42,000 vehicles per day, situated directly between Northgate and Aurora Commons shopping centers, which together attract over 250,000 visitors each month.
Starbucks Corporation (S&P: BBB+) serves as the credit tenant. Additional remarks highlight a Kane County tax discount within the Chicago MSA, noting taxes increased only 14% between 2018 and 2021 compared to 31% tax growth over the same period in Chicago.
The asset is positioned on a highly-trafficked intersection with approximately ±42,000 vehicles per day, situated directly between Northgate and Aurora Commons shopping centers, which together attract over 250,000 visitors each month.
Starbucks Corporation (S&P: BBB+) serves as the credit tenant. Additional remarks highlight a Kane County tax discount within the Chicago MSA, noting taxes increased only 14% between 2018 and 2021 compared to 31% tax growth over the same period in Chicago.
Key Highlights
- Newly constructed freestanding, single‑tenant Starbucks delivered September 2022
- Drive‑thru equipped property on a highly trafficked intersection (~42,000 VPD)
- 15‑year net lease with 10% rental increases after five years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
795
Businesses Nearby
229k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 33%
Apparel 14%
Home Improvements & Furnishings 9%
McDonald's
Dining
31,915 visits/mo
0.2 miles
Ross Dress for Less
Apparel
30,613 visits/mo
0.3 miles
Starbucks
Dining
19,354 visits/mo
0.1 miles
dd's DISCOUNTS
Shops & Services
15,941 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
14,209 visits/mo
0.5 miles
Demographics for 60506, IL
52,011
Population
18,204
Households
2.9
Avg Household Size
36
Median Age
29%
College-Educated
84%
High-School Grad
21.2 sq mi
ZIP Area
2,453
Density / Sq Mi
$76,105
Median Household Income
$38,341
Median Earnings
$1,305
Median Rent
$246,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Indian Trail Court Shopping Center — 300 E Indian Trail Rd, Aurora, IL 60505
- Thorntons — 418 S Lincolnway St, North Aurora, IL 60542
- Starbucks — 1165 N Lake St, Aurora, IL 60506
Frequently Asked Questions
What type of property is this?
Coffee shop - Newly constructed freestanding Starbucks with drive-thru on a high-traffic intersection in a dense retail corridor.
Where is this coffee shop located?
The property is located at 1165 N Lake St Aurora, IL.
What are key features of this property?
This property features: Newly constructed freestanding, single‑tenant Starbucks delivered September 2022; Drive‑thru equipped property on a highly trafficked intersection (~42,000 VPD); 15‑year net lease with 10% rental increases after five years
