1320 N Meacham Rd | Schaumburg, IL 60173
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1320 N Meacham Rd
Schaumburg, IL 60173
Sweetgreen · Retail Property For Sale
Investment Highlights
- Sweetgreen (NYSE: SG) is one of the fastest growing fast casual healthy eating establishments in the country, with over 160 locations and growing.
- Corporate guaranteed lease with limited landlord responsibilities and low replaceable rent.
- Located at the signalized corner of Meacham Road and Remington Road with multiple access points and excellent ingress and egress.
- Brand-new prototype drive-thru location with outdoor patio seating and over 1.5 acres of land.
- Brand-new 10-year NN lease with three (3) 5-year options to extend and 2% annual rental increases.
- This location was strategically selected by Sweetgreen as their first drive-thru location in the country.
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,803 SF
Building Class
B
Year Built/Renovated
2018/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.78 AC
Zoning
Commercial
Parking
136 Spaces (48.52 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Drive Thru
Property Taxes
| Parcel Number | 07-12-300-043-0000 | Improvements Assessment | $203,681 |
| Land Assessment | $347,319 | Total Assessment | $551,000 |
Property Taxes
Parcel Number
07-12-300-043-0000
Land Assessment
$347,319
Improvements Assessment
$203,681
Total Assessment
$551,000
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