1570 N Rand Rd - Fast Food FOR SALE


Palatine, IL 60074
$1,713,000 USD
818-907-9525
1570 N Rand Rd, Palatine, IL for Sale
$1,713,000 USD
Fast Food - FOR SALE
1/5
null | 5.75% Cap Rate

1570 N Rand Rd
Palatine, IL 60074


HIGHLIGHTS

  • BRAND NEW 2026 CONSTRUCTION: Newly constructed with large double drive thru, designed for maximum accessibility, and high-volume throughput
  • BRAND NEW 15-YEAR ABSOLUTE NNN GROUND LEASE: zero landlord responsibilities for completely passive ownership
  • STRONG BRAND MOMENTUM: 7 Brew is a rapidly expanding national brand with 700+ locations and significant pipeline growth across the U.S.
  • EXPERIENCED MULTI-UNIT OPERATOR: Operated by seasoned franchisee with 35+ locations and proven execution within the 7 Brew system
  • PRIME RETAIL CORRIDOR: Strategically located, well positioned near major destination retailers, such as Walmart, Target, and Home Depot
  • STRONG DEMOGRAPHICS & TRADE AREA: Affluent northwest Chicago suburb with dense population, over 244,000 people living within 5 miles

OVERVIEW

This opportunity features a brand-new 2026-built 7 Brew Drive-Thru Coffee secured by a new 15-year absolute NNN ground lease, offering investors truly passive ownership with zero landlord responsibilities. The property benefits from 7 Brew's rapidly expanding national footprint of 700+ locations, a seasoned multi-unit franchisee operating 35+ stores within the system, and a high-volume double drive-thru design tailored to today's convenience-driven consumer. Strategically positioned along a premier retail corridor in an affluent northwest Chicago suburb, the site draws from a population of more than 244,000 residents within five miles and is surrounded by leading national retailers including Walmart, Target, and Home Depot, supporting strong long-term traffic and investment fundamentals. Illinois Broker of Record: Steven Weinstock One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 P: (630) 570-2200 Steven.Weinstock@MarcusMillichap.com Lic #: 471.011175

FOR SALE DETAILS

PRICE

$1,713,000 USD

PRICE/SF

$3,326 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Brand New 7 Brew Drive Thru Coffee | Palatine

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

-

APN/PARCEL ID

02-12-100-081-0000

ASK ABOUT THIS PROPERTY

Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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