Property summary
This exceptional investment opportunity presents a brand-new, 650-square-foot Scooter's Coffee located in Bolingbrook, Illinois, within the Chicago MSA. The property boasts a 20-year absolute triple-net (NNN) lease commencing July 1, 2024, and expiring July 1, 2044, with a 7% rent increase every five years. The lease is guaranteed by a credit-rated franchisee with plans for further expansion in the Illinois market. Situated on a 0.75-acre lot at 549 E Boughton Rd, Bolingbrook, IL 60440, this single-tenant property enjoys a prime location with high traffic counts (30,000+ vehicles per day) at the intersection of Boughton Road and Preston Drive. The property benefits from proximity to a major shopping mall featuring nationally recognized retailers such as Macy's, Meijer, IKEA, Costco, and more. The building, constructed in 2024, offers 100% occupancy and generates a net operating income (NOI) of $118,000, representing a 7.00% cap rate and a price per square foot of $2,593.41. The asking price is $1,685,714. The lease includes four (4) and five (5) year renewal options. This is a truly exceptional opportunity to acquire a low-risk, high-return investment with a strong tenant and a long-term lease. The franchisee is an experienced operator with a proven track record. Projected sales figures support a low rent-to-sales ratio. This is a turnkey investment with zero landlord responsibilities.
Property profile
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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