795 Golf Rd Schaumburg, IL 60173-4511

Property Details for 795 Golf Rd

Year built

1975

Lot size

0.87 lot acres

Property type

Retail space

APN

07-14-101-002

APU

714101002

Description

This exceptional investment opportunity presents a newly constructed, 2,828 square foot Guzman Y Gomez fast-food restaurant situated on a 0.77-acre lot in Schaumburg, Illinois. The property boasts a prime corner location at the signalized intersection of Plum Grove Road and Golf Road (IL Route 58), a major commercial corridor with high visibility and convenient access to Interstates 90 and 290, as well as IL Routes 53 and 72. The building, constructed in 2023, includes a drive-through lane. The Absolute NNN ground lease with Guzman Y Gomez, a publicly traded Australian multinational restaurant chain, has a remaining term of 13.2 years, with three 5-year renewal options. Rent increases of 10% every five years are built into the lease, providing a hedge against inflation. The property benefits from a corporate guarantee and enjoys 100% occupancy, generating a Net Operating Income (NOI) of $227,000 and a 6.35% cap rate. The strong demographics of the area, with over 92,300 people within a 3-mile radius and an average household income exceeding $143,879, contribute to the property's high potential. The location is surrounded by numerous national retailers, office buildings, and hotels, ensuring consistent traffic and customer base. This is a truly exceptional opportunity for a passive income investment with minimal management responsibilities. The property is part of a thriving commercial area, including the Woodfield Mall, and benefits from daily traffic counts of approximately 51,200 vehicles at the intersection.

Location Insight

City

Schaumburg

County

Cook

State

Illinois

Longitude

-88.0605

Latitude

42.0496

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments