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NNN Drive-Through Restaurant
For Sale
$2,704,761

424 S Schmale Rd, Carol Stream, IL 60188

Freestanding restaurant investment with an absolute NNN lease and a long-term operating commitment.

Property Size3,051 SF
Days on Market110

Property Features for 424 S Schmale Rd

General Information

Standard status Active
Size 3,051 SF
Property subtype Retail - Street Retail

Site & Location

Traffic Count 20,000 vehicles/day
Highway Access Yes

Building Details

Building Size 3,051 SF
Year Built 2004
Year Renovated 2016
Listing Agency: Encore Real Estate Investment Services
Listed By: Joe Lopez
Source: Commercialcafe
Added: May 14 Changed: Aug 30 Last Checked: Aug 30 at 9:56PM

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 Encore Real Estate Investment Services

Investment Insights

Based on property information with market context.

This freestanding drive-through restaurant investment is structured under an absolute NNN lease, limiting landlord responsibilities under the stated lease terms. The property was built in 2004, and the franchisee completed store remodeling work in 2016. The lease provides a new 20-year term with an experienced operator.

The site is located at 424 S Schmale Rd in Carol Stream, Illinois, directly across Schmale Road from The Home Depot and less than one mile south of North Avenue, also designated Route 64. Schmale Road records traffic of more than 20,000 vehicles per day, while the surrounding five-mile area includes over 121,000 daytime employees. Nearby retail and food users include Aldi, Culver's, McDonald's, Jewel Osco, Dollar Tree, and The Home Depot.

Key Highlights

  • Absolute NNN lease with zero landlord responsibilities
  • New 20‑year lease term with an experienced operator
  • Store remodeling completed in 2016

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Bakery Grocery & Convenience Store Accounting Firm Law Firm (Bike/Boat/Book/etc) Store Carpet & Flooring 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.

Lease Details

20,000 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,242
Businesses Nearby
346k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 34% Shops & Services 28% Groceries 23% Home Improvements & Furnishings 11%
Jewel-Osco Groceries
52,779 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
37,496 visits/mo 0.3 miles
McDonald's Dining
26,321 visits/mo 0.3 miles
Aldi Groceries
26,228 visits/mo 0.3 miles
Shell Shops & Services
16,842 visits/mo 0.4 miles

Demographics for 60188, IL

43,053
Population
15,710
Households
2.7
Avg Household Size
39
Median Age
44%
College-Educated
90%
High-School Grad
10.1 sq mi
ZIP Area
4,263
Density / Sq Mi
$107,560
Median Household Income
$47,343
Median Earnings
$1,465
Median Rent
$311,600
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 - Freestanding restaurant investment with an absolute NNN lease and a long-term operating commitment.
Where is this nnn property located?
The property is located at 424 S Schmale Rd Carol Stream, IL.
What is the asking price?
The asking price for this property is $2,704,761.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; New 20‑year lease term with an experienced operator; Store remodeling completed in 2016
More about this property
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