New Starbucks Ground Lease
2925 North Barrington Road Hoffman Estates, Hoffman Estates, IL 60192
New 2024 Starbucks ground lease in Hoffman Estates, Illinois.
Type:Retail
Property size:
2 SFPrice / SF:
$1,203,500/SF- Added:
- Sep 10, 2025
- Days on Market:
- 254
- Last Refresh:
- Apr 5 at 9:32 pm
Property Features for 2925 North Barrington Road Hoffman Estates
General Information
- Standard status
- Active
- Size
- 2 SF
- Property subtype
- Retail
Listing agent Ryan Bennett License #CalDRE #01826517 (760) 448-2449
Listing office Lee & Associates | North San Diego County (760) 448-2449
Listing date Sep 10, 2025
Source Lee-associates
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 Lee & Associates | North San Diego County
HighLights
- Absolute NNN ground lease with zero landlord responsibilities, corporately guaranteed by Starbucks (S&P: BBB+).
- Brand new 2024 construction with 13+ years of remaining lease term and attractive rent escalations.
- Strategic location in an affluent Chicago suburb with high traffic (174,000 VPD) and strong demographics (average household income of $169,000 within 3 miles).
- High‑capacity drive‑thru with EV charging and dedicated mobile order pickup.
- Located outlot to the Microsoft Technology Park development (400+ employees).
- Offered at a 5.25% cap rate.
Overview
This is a fee-simple, single-tenant Starbucks ground-leased investment property located at 2925 Barrington Road in Hoffman Estates, Illinois, part of the Chicago MSA. Constructed in 2024, the 2,200 square-foot building is situated on approximately 1.6 acres. The absolute NNN ground lease commenced March 29, 2024, and has over 13 years of remaining term, with six successive five-year renewal options and 10% rent increases in year 11 and every five years thereafter. The lease is corporately guaranteed by Starbucks Corporation (NASDAQ: SBUX; S&P: BBB+). Under the absolute NNN structure, Starbucks self-manages all CAM, taxes, insurance, and capital repairs. The site features a high-capacity drive-thru with EV charging and dedicated mobile order pickup, located a half mile north of the full I-90 interchange (174,000 VPD), 20 minutes from O’Hare International Airport and 35 minutes from downtown Chicago. The surrounding trade area has over 50,000 residents within three miles with an average household income of $169,000 (and $319,000 within one mile), supported by a 3 million-person daytime workforce within a 60-minute drive. The property sits outlot to the Microsoft Technology Park development.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Starbucks
Cafe & Coffee Shop
Similar Places Nearby
- Starbucks — 2925 Barrington Rd, Hoffman Estates, IL 60192
Location Insight
- Map
- Local Demand
- City
- Hoffman Estates
- County
- Cook
- State
- Illinois
- Longitude
- -88.1446
- Latitude
- 42.0655
Nearby Similar for Sale
FAQs
What type of property is this?
Coffee shop - New 2024 Starbucks ground lease in Hoffman Estates, Illinois.
Where is this coffee shop located?
The property is located at 2925 North Barrington Road Hoffman Estates Hoffman Estates, IL.
What is the asking price?
The asking price for this property is $2,407,000.
What are key features of this property?
This property features: Absolute NNN ground lease with zero landlord responsibilities, corporately guaranteed by Starbucks (S&P: BBB+).; Brand new 2024 construction with 13+ years of remaining lease term and attractive rent escalations.; Strategic location in an affluent Chicago suburb with high traffic (174,000 VPD) and strong demographics (average household income of $169,000 within 3 miles).
