549 Boughton Rd Bolingbrook, IL 60440
- Retail properties
- 650 SF
- 0.75 lot acres
Current Use by Public Records
- Retail properties
Property Details for 549 Boughton Rd
- Year built
- 2024
- Lot size
- 0.75 lot acres
- Property size
- 650 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bolingbrook
- County
- Will
- State
- Illinois
- Longitude
- -88.0477
- Latitude
- 41.7186
