1007 N Randall Rd | Elgin, IL 60123
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1007 N Randall Rd
Elgin, IL 60123
STARBUCKS w/ DR-THRU | RARE 15YR NNN GROUND · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare 15 Year NNN Ground Lease featuring 10% Rental Increases in Year 6 and Every Extension. Brand New 2025 High Quality Construction w/ Drive-Thru.
- Starbucks has a S&P Investment Grade Credit Rating of “BBB+” and is Ranked #116 on the Fortune 500 List with an Annual Revenue of more than $36.17B.
- Strong Daytime Employment Area - Surrounded by Numerous Established Distribution Centers, Industrial & Manufacturing Plants.
- Positioned Along Area’s Major Traffic and Retail Corridor: Features Easy Access & Excellent Visibility at Highly Trafficked Randall Road.
- Near Advocate Sherman Hospital - a Full-Service Medical Facility with 255 Beds, Offering Advanced Healthcare Services.
- Densely Populated and Affluent Area: Features an Average Household Income of $119k+ within a 1-Mile Radius and more than 159k People w/in 5 Miles.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,279 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.10 AC
Zoning
PAB - Planned Area Business District
PROPERTY TAXES
| Parcel Number | 06-09-154-002 | Improvements Assessment | $1,072,117 |
| Land Assessment | $1,026,278 | Total Assessment | $2,098,395 |
PROPERTY TAXES
Parcel Number
06-09-154-002
Land Assessment
$1,026,278
Improvements Assessment
$1,072,117
Total Assessment
$2,098,395
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