1404 Lane rd - Retail FOR SALE


Machesney Park, IL 61115- Outer Loves Park/Machesney Park
$1,750,000 USD
312-718-2157
1404 Lane rd, Machesney Park, IL for Sale
$1,750,000 USD
Retail - FOR SALE
1/1
null | 6% Cap Rate

1404 Lane rd
Machesney Park, IL 61115
Outer Loves Park/Machesney Park


HIGHLIGHTS

  • Absolute NNN ground lease structure minimizes landlord responsibilities.
  • Single-tenant drive-thru restaurant investment opportunity.
  • Positioned in an established Northern Illinois retail market.
  • Supported by surrounding residential and commercial development.

OVERVIEW

This single-tenant drive-thru quick-service restaurant investment at 1404 West Lane Road offers investors the opportunity to acquire an asset leased under an absolute NNN ground lease structure. The property is positioned within Machesney Park, a community in the Rockford metropolitan area that benefits from a stable residential base, established commercial activity, and regional connectivity throughout Northern Illinois. The absolute NNN lease structure provides a passive investment profile with limited landlord responsibilities, making the asset attractive to investors seeking long-term income stability. The property is located within a market supported by residential growth, an expanding business community, and access to a broad labor force. Machesney Park is part of the greater Rockford MSA, which serves as a commercial, manufacturing, and logistics hub for Northern Illinois. The region benefits from interstate access, rail connectivity, and proximity to major Midwest population centers including Chicago, Madison, and Milwaukee. These transportation advantages support continued economic activity and consumer demand throughout the trade area. The tenant operates within the growing drive-thru beverage segment, which continues to benefit from convenience-oriented consumer preferences. Surrounding demographics indicate a substantial population base and household income levels that support daily-service retail uses. Combined with the property's drive-thru format and established location within the Rockford MSA, the asset presents an opportunity for investors seeking exposure to a nationally expanding retail category within a well-established regional market.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$3,431 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7 Brew Kohl's Outlot Machesney Park

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

-

APN/PARCEL ID

08-20-133-043

ASK ABOUT THIS PROPERTY

Michael SchertlerGreatStreetMore Info
312-718-2157

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Michael SchertlerGreatStreetMore Info
312-718-2157

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.