3068 Kirchoff Rd Rolling Meadows, IL 60008
- Commercial real estate
- 1,000 SF
Current Use by Public Records
- Rolling Meadows Shopping Center / Shopping Mall
Property Details for 3068 Kirchoff Rd
- Year built
- 1956
- Property size
- 1,000 SF
- Property type
- Commercial real estate
Description
This thriving Boba Tea shop in Rolling Meadows, IL, presents a unique owner-user investment opportunity. Located within the Rolling Meadows Shopping Center, this 1,000 square foot, single-story business enjoys a prime location anchored by Jewel-Osco and surrounded by national tenants such as Dollar Tree, McDonald's, Great Clips, and Anytime Fitness. The property boasts high visibility and traffic, with over 10,700 vehicles passing daily. The business benefits from a strong customer base, supported by a population exceeding 102,000 within a three-mile radius and an average household income over $125,900. The sale includes all newer equipment (24 pieces), representing significant value. The current lease is a NNN (Net, Net, Net) agreement with four years remaining, offering a monthly rent of $1,582.50 plus $864 in NNN expenses. Built in 1956 and renovated in 1995, the building sits on a spacious 130,212 square foot lot with ample parking (100 spaces). The property is classified as Class B and offers immediate occupancy upon closing, scheduled for November 14, 2024. This turnkey operation is priced at $75,000 and represents a compelling opportunity for a savvy investor seeking a profitable and established business in a high-traffic location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rolling Meadows
- County
- Cook
- State
- Illinois
- Longitude
- -88.018
- Latitude
- 42.0791
