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    Property profile & analytics
    OFF-MARKET Estimated value $3,300,000
    Commercial real estate

    910 Kinzie Ave, Bradley, IL 60915-1233

    1.56 ac lot
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US28-3786656
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a brand-new (2024) Starbucks located at 910 N Kinzie Ave, Bradley, IL 60915. The property boasts a 15-year absolute NNN lease with a credit-rated corporate guarantor, ensuring consistent passive income. The 2,225 square foot building sits on a substantial 1.56-acre lot, significantly larger than the average Starbucks location, offering ample parking and future development potential. The property features a high-capacity drive-thru designed to accommodate 15 vehicles, reflecting strong market demand. Situated on US-50 with excellent visibility and convenient access to I-57, this location benefits from high traffic volume (over 24,000 vehicles per day) and proximity to major retailers like Meijer and Lowe's. The property's strong location, long-term lease, and investment-grade tenant (Starbucks Corporation) combine to offer a compelling investment with a 6.00% cap rate and a Net Operating Income (NOI) of $190,000. The asking price is $3,167,000. This is a truly hands-off investment opportunity with zero landlord responsibilities for taxes, insurance, and maintenance. The lease includes rent bumps, further securing long-term returns. The property's strategic location within a thriving retail corridor, combined with the strength of the Starbucks brand and the long-term lease, makes this an attractive investment for discerning buyers.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 1.56 ac (67,954 SF)
    APN 17-09-21-100-038
    UPID US28-3786656
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Starbucks Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.30M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.30M
    Owner & transaction history
    Madruga Car Washes LLC · 1 yrs held
    Madruga Car Washes LLC
    since 2024
    Last sale
    $3.3M
    4 recorded transactions
    2024
    $3.3M
    2023
    $950,000
    2017
    2017
    $840,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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