2925 Barrington rd - Freestanding FOR SALE


Hoffman Estates, IL 60192
$3,286,000 USD
760-448-2449
2925 Barrington rd, Hoffman Estates, IL for Sale
$3,286,000 USD
Freestanding - FOR SALE
1/11
null | 5.25% Cap Rate

2925 Barrington rd
Hoffman Estates, IL 60192


HIGHLIGHTS

  • Rare Starbucks 15-Year Ground Lease – Absolute NNN Lease - Zero Landlord Responsibilities
  • Outlot to the Microsoft Technology Park Development (400+ Employees)
  • 2024 Construction with High-Capacity Drive-Thru, EV Charging Station, & Dedicated Mobile Order Pick-Up
  • Affluent NW Chicago Commuter Suburb – Large Employment Pool – 3M People within 60 Minute Drive
  • Corporate Lease Guaranty – Starbucks Corp. – Investment Grade Credit
  • 1/2 Mile from I-90 (152,000 VPD) – 20 Minutes from O'Hare Intl. – 35 Minutes from Downtown Chicago

OVERVIEW

Lee & Associates, in conjunction with Bang Realty - Illinois, Inc., is pleased to present a fee-simple, single-tenant Starbucks ground-leased investment at 2925 Barrington Road in Hoffman Estates, Illinois (Chicago MSA). Constructed in 2024, the 2,200 square-foot building sits on approximately 1.6 acres and is offered at $3,286,000, reflecting a 5.25% cap rate. The absolute NNN ground lease commenced March 29, 2024, and provides 13+ years of remaining term, with six successive five-year renewal options and 10% rent increases in year 11 and every five years thereafter. The lease is corporately guaranteed by Starbucks Corporation (NASDAQ: SBUX; S&P: BBB+), the world’s premier coffeehouse operator with over 40,000 stores across 80 markets, 381,000 employees, and $36.18 billion in 2024 revenue. Under the absolute NNN structure, Starbucks self-manages all CAM, taxes, insurance, and capital repairs, eliminating landlord responsibilities and delivering a truly hands-off ownership experience. Strategically positioned in an affluent northwest Chicago commuter suburb, the site features a high-capacity drive-thru with EV charging and dedicated mobile order pickup, located a half-mile north of the full I-90 interchange (174,000 VPD), 20 minutes from O’Hare International Airport and 35 minutes from downtown Chicago. The surrounding trade area boasts over 50,000 residents within three miles with an average household income of $169,000 (and $319,000 within one mile), supported by a 3 million-person daytime workforce within a 60-minute drive. The property sits outlot to the Microsoft Technology Park development (400+ employees), ensuring robust demand and long-term stability .

FOR SALE DETAILS

PRICE

$3,286,000 USD

PRICE/SF

$1,477 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

B-2

APN/PARCEL ID

01-36-102-001-0000

ASK ABOUT THIS PROPERTY

Ryan BennettLee & AssociatesMore Info
760-448-2449

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Ryan BennettLee & AssociatesMore Info
760-448-2449

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