9437 W Higgins Rd - Freestanding FOR SALE
Rosemont, IL 60018 |
$3,687,000 USD
872-256-1031
9437 W Higgins Rd
Rosemont, IL 60018
HIGHLIGHTS
- Newly constructed 2022 trophy retail asset; 100% occupied by two restaurant tenants
- 7.6-Year WALT with Big Chicken (8.5 yrs) and Stan's Donuts (6.7 yrs) on NNN leases
- In-place NOI of $258,600 at a 7.00% cap rate; listed at $3,687,000
- Average household incomes exceeding $164,000 within a three-mile radius
- Located along Higgins Road with ±24,400 VPD adjacent to O'Hare International Airport
- Both tenants have multiple renewal options providing long-term occupancy potential
FOR SALE DETAILS
PRICE
$3,687,000 USD
PRICE/SF
$771 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Big Chicken & Stan's Donuts
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
108
LAND DETAILS
LAND ACRES
0.9 AC
LAND SF
39,204 SF
ZONING
-
APN/PARCEL ID
12-03-102-041-0000,12-03-102-045-0000,12-03-102-046-0000,12-03-102-048-0000
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872-256-1031
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872-256-1031
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