1835 Belvidere rd | Grayslake, IL 60030
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- LoopNet Team
1835 Belvidere rd
Grayslake, IL 60030
Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Positioned within the Chicago MSA – A northern suburb (Grayslake)
- New construction & relocation from an inferior space
- 10% rental escalations in year 8 and every renewal option
- Starbucks Corporation is an investment grade tenant – S&P: BBB+
- New 12-year lease commencing in October 2024
- Located along Belvidere Road (37,900 VPD) & just off US Highway 45 (29,100 VPD)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Retail
Building Size
2,278 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.12 AC
Parking
51 Spaces
Frontage
253’ on East Belvidere Road
PROPERTY TAXES
| Parcel Number | 07-31-106-008 | Improvements Assessment | $0 |
| Land Assessment | $35,656 | Total Assessment | $35,656 |
PROPERTY TAXES
Parcel Number
07-31-106-008
Land Assessment
$35,656
Improvements Assessment
$0
Total Assessment
$35,656
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