904 State Rte McHenry, IL 60050

This exceptional investment opportunity presents a fee-simple interest in a newly constructed (2023), 2,250 square foot Starbucks located at 904 State Route 31, McHenry, IL, within the Chicago MSA. The property boasts a 15-year net lease (commencing September 1, 2023, and expiring February 28, 2039), with three five-year renewal options and 10% rent bumps in year 11 and at each option. The tenant, Starbucks Corporation, holds an investment-grade credit rating (BBB+/Stable by S&P Global Ratings), ensuring a secure and passive income stream. Situated on a 0.89-acre lot, the building features a drive-thru and outdoor seating, benefiting from high visibility on Route 31 (17,184 vehicles daily) and proximity to Northwestern Medicine McHenry Hospital. The property's strong location, long-term lease, and investment-grade tenant combine to offer a compelling investment with a 6.25% cap rate and a net operating income (NOI) of $168,000. The asking price is $2,688,000, translating to $74.67 per square foot. This is a rare opportunity to acquire a high-performing, passive income-generating asset in a desirable location. The property is 100% occupied.