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Drive Thru Starbucks Strip Center 1243-1249 Torrence Ave 9,014 SF 100% Leased Retail Building Calumet City, IL 60409 $4,500,000 ($499.22/SF) 7.16% Cap Rate
Investment Highlights
- Located along an extremely busy Commercial Corridor!
- Dense location with over 250,000 people in a 5 mile radius!
- Drive Thru Starbucks with incredible co tenants Vitamin Shoppe, Game Stop and Verizon
- Massive Developments underway in the immediate area including the River Oaks, Blues Water Run, and the new potential Stadium!
Executive Summary
Strategically located at a signalized hard corner, the property commands massive traffic flow due to it’s proximity to the River Oaks Shopping center, which is regional economic driver in the southland of Chicago. The city is also proposing a $110 MM plan to update the center.
This stabilized investment delivers a secure NOI of $322,238 at a 7.16% CAP Rate.The site’s strength is also proven by its tenancy: Vitamin Shoppe recently extended its lease through 2030, and the Starbucks drive-thru provides a constant, recession-proof draw for the trade area.
Furthermore, the Vitamin Shoppe lease reverts to NNN in its option periods, maximizing long-term investor returns and minimizing expense leakage. All other tenants other than Vitamin Shoppe are on NNN leases making this property a premier turnkey opportunity for an investor seeking passive income in a thriving, high-growth corridor.
Property Facts
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
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99,999 SF
- -
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Jan 0000
GameStop traces its origins to Babbage's, a Dallas-based software retailer founded in 1984, and the business later adopted the GameStop name in 1999. The company now operates as a retail gaming and trade-in destination, with offerings that include video games, gaming systems, consoles, accessories, trading cards, gamer apparel, and collectibles. GameStop also supports used-product trade-ins and refurbished merchandise, which remain part of its broader mix of gaming and consumer electronics services.
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- Accommodation and Food Services
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99,999 SF
- -
-
Jan 0000
Starbucks began in 1971 as a coffee business in Seattle, where the company first sold coffee beans and related equipment before evolving into a broader coffeehouse brand. The business now focuses on responsibly sourced arabica coffee, company-operated and licensed coffeehouses, and a growing consumer-packaged goods presence. Starbucks has built a wide market presence around specialty coffee, with offerings that span brewed drinks, espresso-based beverages, food, and retail products distributed through its store network and packaged-goods channels.
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- Professional, Scientific, and Technical Services
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99,999 SF
- -
-
Jan 0000
Culture of Good is a privately held consulting organization founded in 2013 that specializes in helping businesses align purpose with performance through culture and leadership strategies. Headquartered in Fishers, Indiana, the company provides services such as leadership training, culture champion certification, and community impact programs. Its approach emphasizes employee engagement and organizational clarity, aiming to integrate social responsibility into business operations. Culture of Good works with companies across industries to embed values-driven practices that foster sustainable growth and positive community impact.
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- Retailer
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99,999 SF
- -
-
Jan 0000
Founded in 1977, The Vitamin Shoppe is a privately held specialty retailer headquartered in Secaucus, New Jersey. The company offers a wide range of nutritional products including vitamins, minerals, sports nutrition, herbs, and natural beauty items. It operates through both physical retail stores and a robust e-commerce platform. The Vitamin Shoppe was acquired by Kingswood Capital Management and Performance Investment Partners in May 2025. As of 2025, the company maintains over 670 store locations across the United States. The Vitamin Shoppe is known for its proprietary brands such as BodyTech, plnt, and Vthrive, and emphasizes rigorous quality assurance across its product lines.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | 99,999 SF | - | Jan 0000 | ||
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Accommodation and Food Services | 99,999 SF | - | Jan 0000 | ||
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Professional, Scientific, and Technical Services | 99,999 SF | - | Jan 0000 | ||
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Retailer | 99,999 SF | - | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-19-100-099-0000 | Improvements Assessment | $79,782 |
| Land Assessment | $24,900 | Total Assessment | $104,682 |
Property Taxes
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Drive Thru Starbucks Strip Center | 1243-1249 Torrence Ave
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