390 N Barrington Rd - Retail FOR SALE


Schaumburg, IL 60194- Far Northwest Suburban Cook
$3,083,000 USD
858-373-3174
390 N Barrington Rd, Schaumburg, IL for Sale
$3,083,000 USD
Retail - FOR SALE
1/5
null | 6% Cap Rate

390 N Barrington Rd
Schaumburg, IL 60194
Far Northwest Suburban Cook


HIGHLIGHTS

  • New 20-Year Absolute NNN Sale-Leaseback with 1.75% Annual Increases
  • Corporate Guaranty with 170+ Locations Across 15 States, Strong Financials
  • High-Performing Location with Year-Over-Year Sales Growth and Highly Profitable Store
  • Proven Concept in Trade Area Showing Tenant’s Commitment to Location, Store Originally Opened in 2020
  • Ranked #254 on Franchise Times Top 400 with a 30.7% Increase in Sales
  • Serving Over 227,000 Residents in Affluent Chicago Suburb

FOR SALE DETAILS

PRICE

$3,083,000 USD

PRICE/SF

$1,355 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Andy's Frozden Custard Drive-Thru

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

06-24-201-003-0000

ASK ABOUT THIS PROPERTY

Phil SambazisMarcus & MillichapMore Info
858-373-3174

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

Phil SambazisMarcus & MillichapMore Info
858-373-3174

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