Popeyes NNN
For Sale
Contact for pricing
Pending
2065 E Algonquin Rd, Algonquin, IL 60102
Freestanding restaurant building supported by a new 20-year absolute net lease.
Property Size2,163 SF
Lot Size0.87 Acres
Days on Market141
Property Features for 2065 E Algonquin Rd
General Information
Standard status
Pending
Size
2,163 SF
Lot size
0.87 Acres
Property subtype
Retail
Building Details
Buildings
1
Listing Agency:
Northmarq - Chicago
(312) 777-2437
Listed By:
Isaiah Harf · License #IL 471019332
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 6:53AM
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 Northmarq - Chicago
Investment Insights
Based on property information with market context.
The property includes a 2,163-square-foot freestanding retail building on a 0.874-acre parcel at 2065 E Algonquin Rd in Algonquin, Illinois. Popeyes operates from the building, which is offered with a new 20-year absolute net lease.
Lease economics include 7.50% rental escalations every five (5) years during both the base term and option periods. The absolute net structure places the property within the NNN asset category and provides a defined long-term lease framework.
Lease economics include 7.50% rental escalations every five (5) years during both the base term and option periods. The absolute net structure places the property within the NNN asset category and provides a defined long-term lease framework.
Key Highlights
- 2,163‑square‑foot freestanding retail building
- 0.874‑acre parcel at 2065 E Algonquin Rd
- Popeyes occupies the property
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Explore this area
Business Placement
Demographics for 60102, IL
31,959
Population
12,076
Households
2.6
Avg Household Size
42
Median Age
43%
College-Educated
95%
High-School Grad
15.8 sq mi
ZIP Area
2,023
Density / Sq Mi
$128,070
Median Household Income
$59,484
Median Earnings
$1,826
Median Rent
$320,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding restaurant building supported by a new 20-year absolute net lease.
Where is this nnn property located?
The property is located at 2065 E Algonquin Rd Algonquin, IL.
What are key features of this property?
This property features: 2,163‑square‑foot freestanding retail building; 0.874‑acre parcel at 2065 E Algonquin Rd; Popeyes occupies the property
