8359 Grand Ave - Freestanding FOR SALE


River Grove, IL 60171
$2,750,000 USD
847-506-1000
8359 Grand Ave, River Grove, IL for Sale
$2,750,000 USD
Freestanding - FOR SALE
1/12
null | 5% Cap Rate

8359 Grand Ave
River Grove, IL 60171


HIGHLIGHTS

  • Corner location at the intersection of Grand and Thatcher Avenue.
  • Average Household Incomes of $81,000+ within a 5-mile radius.
  • Easy access and plentiful parking.
  • Built in 2019.

OVERVIEW

This Starbucks location features a rentable area of 2,230 square feet on 0.5 acres of land. There is a lease term of 7 years with (4) five-year options. Great corner location with easy access to the parking lot and a drive-thru.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$1,233 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

River Grove Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

C2

APN/PARCEL ID

12-26-409-037-0000

ASK ABOUT THIS PROPERTY

Joseph SantucciAvalon Realty Associates, L.L.C.More Info
847-506-1000

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

Joseph SantucciAvalon Realty Associates, L.L.C.More Info
847-506-1000

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