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Popeyes Conventional Restaurant
For Sale
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2280 W Higgins Rd, Hoffman Estates, IL 60169

Located beside a McDonald’s in Hoffman Estates, Illinois.

Property SizeContact for details
Days on Market143

Property Features for 2280 W Higgins Rd

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 6%
Listing Agency: Secure Net Lease
Listed By: Matthew Scow · License #TX 655736
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 2:24PM

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 Secure Net Lease

Investment Insights

Based on property information with market context.

This conventional restaurant property is identified with the Popeyes brand and is operated by The Dhanani Group. The asset is situated at 2280 W Higgins Rd in Hoffman Estates, Illinois, with a McDonald’s directly adjacent. The operating franchisee is described as Popeyes’ largest franchisee. The property is offered for sale with a reported 6.00% cap rate.

Key Highlights

  • Popeyes conventional restaurant property
  • Adjacent to McDonald’s
  • Operated by The Dhanani Group

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Hair Salon Auto Parts Store Restaurant Nail Salon

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

2,228
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 81% Hotels & Casinos 12% Shops & Services 7%
IHOP Dining
11,034 visits/mo 0.5 miles
Red Roof Inn Hotels & Casinos
1,678 visits/mo 0.4 miles
U-Haul Shops & Services
932 visits/mo 0.5 miles

Demographics for 60169, IL

34,248
Population
13,114
Households
2.6
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
7.7 sq mi
ZIP Area
4,448
Density / Sq Mi
$92,399
Median Household Income
$48,134
Median Earnings
$1,694
Median Rent
$292,300
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Located beside a McDonald’s in Hoffman Estates, Illinois.
Where is this conventional restaurant located?
The property is located at 2280 W Higgins Rd Hoffman Estates, IL.
What are key features of this property?
This property features: Popeyes conventional restaurant property; Adjacent to McDonald’s; Operated by The Dhanani Group
(214) 522-7200 Call to check price and availability
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