7-Eleven Absolute NNN Gas
For Sale
Contact for pricing
749 W Palatine Rd, Palatine, IL 60067
Absolute NNN leased 7-Eleven with corporate guarantees and long-term operation since 1971.
Property SizeContact for details
Days on Market118
Property Features for 749 W Palatine Rd
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
31,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Chicago
(312) 279-5345
Listed By:
Sean Lutz · License #IL 475132482
Source:
Crexi
Added: Apr 13
Changed: Aug 8
Last Checked: Jul 20 at 6:05PM
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 SRS Real Estate Partners Chicago
Investment Insights
Based on property information with market context.
The offering is a fee simple, absolute NNN leased, corporate guaranteed 7-Eleven property. The current tenant has recently extended the lease by an additional two years, reinforcing their long-term commitment to the site. The property benefits from corporate guarantees by 7-Eleven Inc., and is marketed as having zero landlord responsibilities under an absolute NNN structure.
The store operates at a signalized hard corner intersection of W. Palatine Road and S. Quentin Road. The property is described as having a large pylon sign for visibility along W. Palatine Road, and is positioned near transit at the Palatine Metra Station. The remarks also note that the site is approximately one mile west of U.S. Highway 14.
The tenant is stated to have been in operation since 1971, and the property is presented as an investment-grade, corporate-guaranteed net lease.
The store operates at a signalized hard corner intersection of W. Palatine Road and S. Quentin Road. The property is described as having a large pylon sign for visibility along W. Palatine Road, and is positioned near transit at the Palatine Metra Station. The remarks also note that the site is approximately one mile west of U.S. Highway 14.
The tenant is stated to have been in operation since 1971, and the property is presented as an investment-grade, corporate-guaranteed net lease.
Key Highlights
- Fee simple interest in an absolute NNN leased 7‑Eleven with zero landlord responsibilities and corporate guarantee by 7‑Eleven Inc.
- Tenant recently extended the lease by an additional 2 years; 7‑Eleven has operated at the site since 1971.
- Signalized hard‑corner location at W. Palatine Road & S. Quentin Road with 31,000 combined vehicles passing daily (average).
Property Analytics
Current Use
Lease Details
31,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,117
Businesses Nearby
32k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 100%
Jewel-Osco
Groceries
32,439 visits/mo
0.2 miles
Demographics for 60067, IL
39,324
Population
16,039
Households
2.5
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
3,025
Density / Sq Mi
$121,572
Median Household Income
$64,520
Median Earnings
$1,521
Median Rent
$427,900
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?
Gas station - Absolute NNN leased 7-Eleven with corporate guarantees and long-term operation since 1971.
Where is this gas station located?
The property is located at 749 W Palatine Rd Palatine, IL.
What are key features of this property?
This property features: Fee simple interest in an absolute NNN leased 7‑Eleven with zero landlord responsibilities and corporate guarantee by 7‑Eleven Inc.; Tenant recently extended the lease by an additional 2 years; 7‑Eleven has operated at the site since 1971.; Signalized hard‑corner location at W. Palatine Road & S. Quentin Road with 31,000 combined vehicles passing daily (average).
