Drive-Thru Restaurant with
3220 N Lewis Ave Waukegan, IL 60087
3220 N Lewis Ave, Waukegan, IL, 60087
Contact for pricing
For Sale
Contact for pricing
Pending
2023-built drive-thru restaurant with an outdoor patio and a large pylon sign on a high-traffic corner.
Days on Market89
Property Features for 3220 N Lewis Ave
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
ParaSell Inc
(949) 942-6585
Listed by
Scott Reid · License #ND - 3285
Source
Crexi
Added: Apr 24 Updated: Jul 20 at 8:13PM Checked: Jul 21 at 8:59AM
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 ParaSell Inc
Investment Insights
Based on property information with market context.
A 2023-constructed drive-thru restaurant featuring an outdoor patio and a large pylon sign along N Lewis Avenue. The property is leased on a new 10-year corporate net lease to Starbucks (NASDAQ: SBUX), with 10% scheduled rent increases in the primary term and option periods, and limited landlord responsibilities.
The site is located near a signalized hard-corner intersection of N Lewis Avenue and W Yorkhouse Road, with a combined traffic count of 29,700 vehicles per day. It offers substantial street frontage and is positioned as an outparcel to an Ace Hardware and Dollar Tree-anchored center. Target and Jewel-Osco are directly across, with Taco Bell adjacent, along with other national retailers in the immediate vicinity.
The surrounding area includes a mix of schools and community amenities, supporting consistent daily local activity.
The site is located near a signalized hard-corner intersection of N Lewis Avenue and W Yorkhouse Road, with a combined traffic count of 29,700 vehicles per day. It offers substantial street frontage and is positioned as an outparcel to an Ace Hardware and Dollar Tree-anchored center. Target and Jewel-Osco are directly across, with Taco Bell adjacent, along with other national retailers in the immediate vicinity.
The surrounding area includes a mix of schools and community amenities, supporting consistent daily local activity.
Key Highlights
- New 10‑year corporate net lease to Starbucks (NASDAQ: SBUX) with 10% scheduled rent increases during primary term and option periods
- Constructed in 2023; drive‑thru component plus outdoor patio
- Located near the signalized hard‑corner of N Lewis Avenue and W Yorkhouse Road with 29,700 vehicles per day combined traffic count
Property Analytics
Location Intelligence
Current Use by Public Records
Starbucks
Cafe & Coffee Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Starbucks — 3050 N Lewis Ave, Waukegan, IL 60087
- Starbucks — 3220 N Lewis Ave, Waukegan, IL 60087
FAQs
What type of property is this?
Coffee shop - 2023-built drive-thru restaurant with an outdoor patio and a large pylon sign on a high-traffic corner.
Where is this coffee shop located?
The property is located at 3220 N Lewis Ave Waukegan, IL.
What are key features of this property?
This property features: New 10‑year corporate net lease to Starbucks (NASDAQ: SBUX) with 10% scheduled rent increases during primary term and option periods; Constructed in 2023; drive‑thru component plus outdoor patio; Located near the signalized hard‑corner of N Lewis Avenue and W Yorkhouse Road with 29,700 vehicles per day combined traffic count
