NNN Drive-Through
For Sale
Contact for pricing
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
Price / SF$886.52
Days on Market172
Property Features for 424 S SCHMALE RD
General Information
Standard status
Active
Size
3,051 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$142,000
Site & Location
Traffic Count
20,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
2004
Year Renovated
2016
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Encore Real Estate Investment Services
Listed By:
Deno Bistolarides · License #6502378067
(248) 702-0288
Source:
Crexi
Added: Apr 28
Changed: Oct 15
Last Checked: Oct 16 at 8:38AM
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
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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.
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
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Current Use
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
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in Midwest region
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
