405 W Army Trail Rd, Bloomingdale, IL 60108

This fee-simple ownership opportunity presents a 3,047 square foot Popeyes restaurant in Bloomingdale, Illinois. Located at 405 W Army Trail Rd, this absolute NNN leased property boasts a 6.00% cap rate and a substantial net operating income (NOI) of $143,637. The lease, with a franchisee tenant, has 5.4 years remaining, followed by two 5-year options. Enjoy significant rental increases of 15% every five years throughout the initial term and options, providing inflation protection and growing NOI. Built in 1986 and renovated in 2024, this drive-thru equipped property sits on a 1.31-acre lot with 57 parking spaces. The property benefits from a prime location on a signalized corner intersection of W. Army Trail Road and Gary Avenue, averaging 75,900 vehicles daily. It's strategically positioned within a dense retail area, near major shopping centers like Bloomingdale Court (748K+ SF) and Stratford Crossing (365K+ SF), and surrounded by strong national tenants including Amazon Fresh, Walmart, Target, Lowe's, Costco, and Chick-fil-A. The property also enjoys proximity to numerous residential communities, supporting a robust local consumer base. The 5-mile trade area boasts over 246,000 residents and 113,300 daytime employees, with affluent average household incomes exceeding $130,000. The property is zoned Stratford PD. This is a management-free investment opportunity with zero landlord responsibilities, offering a secure and profitable return. The asking price is $2,394,000.