444 E Veterans Pky - Retail FOR SALE


Yorkville, IL 60560
$2,853,333 USD
847-562-8500
444 E Veterans Pky, Yorkville, IL for Sale
$2,853,333 USD
Retail - FOR SALE
1/3
null | 5.25% Cap Rate

444 E Veterans Pky
Yorkville, IL 60560


HIGHLIGHTS

  • Positioned within the Chicago MSA
  • Long term lease through 2038
  • 10% rental escalation every 5 years (Next: 2028)
  • Located at a signalized intersection along East Veterans Parkway (14,900 VPD) & within proximity to North Bridge Street (20,000 VPD)
  • Six-figure average household income ($141,000+) within three miles
  • Over 67,000 people live within a five-mile radius

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Chipotle positioned within the Chicago MSA in Yorkville, Illinois. The property was built for Chipotle in 2023 with a long-term lease running through January 2038. The lease features 10% rental escala-tions every five years throughout the primary term and four 5-year renewal options. The lease also contains a corporate guaranty from Chipotle. This 2,675 square-foot building is strategically located at a signalized intersection on East Veterans Parkway (14,900 VPD), near North Bridget Street (20,000 VPD). It serves as a shadow anchor to the Yorkville Marketplace, a shopping center occupied by Jewel-Osco, Ace Hardware, Planet Fitness, Chase Bank, O’Reilly Auto Parts, Starbucks, Sherwin-Williams, Panera, and other retailers. Nearby businesses include Menards, ALDI, Walgreens, Belle Tire, Culver’s, and Wendy’s. The property is minutes from Yorkville High School, with over 2,200 students enrolled. Within a five-mile radius, the population exceeds 67,000, and households within a three-mile radius have an average income above $141,000. Chipotle Mexican Grill, Inc. (NYSE: CMG) is a leading fast-casual restaurant brand known for serving responsibly sourced, high-quality ingredients in customizable burritos, bowls, tacos, and salads. Founded in 1993 in Denver, Colorado, Chipotle revolutionized the restaurant industry by combining quick service with fresh, real food prepared on-site daily. The company emphasizes a “Food with Integrity” mission, sourcing ingre-dients such as antibiotic-free meats, organic beans, and produce from local farms whenever possible. With a unique open-kitchen format and a commitment to transparency, Chipotle has become a favorite for health-conscious and convenience-driven consumers alike.

FOR SALE DETAILS

PRICE

$2,853,333 USD

PRICE/SF

$1,321 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

-

APN/PARCEL ID

02-28-252-021

ASK ABOUT THIS PROPERTY

Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

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Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

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