Property summary
Exceptional investment opportunity: a brand-new, 2,349 square foot Popeyes restaurant in Hoffman Estates, Illinois, boasting a 5.65% cap rate and a strong 20-year net lease with corporate guarantee. The property, built in 2024 and situated on a 0.66-acre lot at 2280 W Higgins Rd (a high-traffic area with over 22,000 vehicles per day), benefits from a prime location near I-90 and Ascension Saint Alexius Medical Campus. This location serves a dense population (over 210,100 residents within 5… miles) with high average household incomes exceeding $125,830. The lease includes four 5-year renewal options and features a 10% rent increase every five years. The property's strong tenant (Popeyes, the world's second-largest quick-service chicken brand) and favorable lease terms make this a compelling investment opportunity within the Chicago MSA (9.4M+ population). The substantial NOI of $173,222 further underscores the property's financial strength and potential for long-term growth. This is a rare chance to acquire a high-performing, low-risk asset in a thriving market. The asking price is $3,066,000, translating to a price per square foot of $1,305.24. The lease commenced March 16, 2024, and expires September 30, 2044, leaving a remaining lease term of nearly 20 years.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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