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Corporate 7-Eleven w/ Gas 1650 W Algonquin Rd 3,062 SF Retail Building Arlington Heights, IL 60005 $4,184,653 ($1,366.64/SF) 5% Cap Rate
Executive Summary
CORPORATE GUARANTEED 7-ELEVEN INVESTMENT-GRADE CREDIT: 7-Eleven, Inc. Is The Corporate Guarantor; Seven & i Lists 7-Eleven, Inc. With An S&P Long-Term A- / Moody’s Baa2 Rating As Of March 31, 2026?
9.1 YEARS REMAINING 7.5% RENT INCREASES EVERY 5 YEARS: Current Annual Rent Of $209,732.64 Steps To $225,462.60 In 2030, With Three 5-Year Options Extending Potential Lease Control Through July 2050.
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NNN LEASE STRUCTURE LIMITED LANDLORD RESPONSIBILITIES: Tenant Is Responsible For Operating Expenses Under A NNN Lease Structure; Landlord Responsibilities Are Limited To Structure And Foundation
ESTABLISHED RETAIL CORRIDOR 42,100 TOTAL VPD: The Property Is Positioned On Algonquin Road (27,600 VPD) Frontage Near I-90 (148,100 VPD) | Major Daily-Needs And Destination Retailers, Including Walmart, Lowe’s, Costco, PetSmart, Starbucks, McDonald’s And Shell
DENSE, AFFLUENT TRADE AREA 296K+ RESIDENTS WITHIN 5 MILES: 2025 Trade-Area Demographics Show 296,465 Residents And 214,567 Daytime Population Within 5 Miles, With Average Household Incomes Above $110K At The 1-, 3- And 5-Mile Rings?
CHICAGO MSA SCALE 9.4M+ POPULATION AND $900B+ ECONOMY: The Chicago-Naperville-Elgin MSA Is One Of The Nation’s Largest Economic Engines, Supported By Over 9.3 Million People, A 4.9 Million+ Labor Force And More Than $900 Billion In Annual Economic Output
9.1 YEARS REMAINING 7.5% RENT INCREASES EVERY 5 YEARS: Current Annual Rent Of $209,732.64 Steps To $225,462.60 In 2030, With Three 5-Year Options Extending Potential Lease Control Through July 2050.
?
NNN LEASE STRUCTURE LIMITED LANDLORD RESPONSIBILITIES: Tenant Is Responsible For Operating Expenses Under A NNN Lease Structure; Landlord Responsibilities Are Limited To Structure And Foundation
ESTABLISHED RETAIL CORRIDOR 42,100 TOTAL VPD: The Property Is Positioned On Algonquin Road (27,600 VPD) Frontage Near I-90 (148,100 VPD) | Major Daily-Needs And Destination Retailers, Including Walmart, Lowe’s, Costco, PetSmart, Starbucks, McDonald’s And Shell
DENSE, AFFLUENT TRADE AREA 296K+ RESIDENTS WITHIN 5 MILES: 2025 Trade-Area Demographics Show 296,465 Residents And 214,567 Daytime Population Within 5 Miles, With Average Household Incomes Above $110K At The 1-, 3- And 5-Mile Rings?
CHICAGO MSA SCALE 9.4M+ POPULATION AND $900B+ ECONOMY: The Chicago-Naperville-Elgin MSA Is One Of The Nation’s Largest Economic Engines, Supported By Over 9.3 Million People, A 4.9 Million+ Labor Force And More Than $900 Billion In Annual Economic Output
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,062 SF
Building Class
B
Year Built
2020
Price
$4,184,653
Price Per SF
$1,366.64
Cap Rate
5%
NOI
$209,233
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.65 AC
Zoning
C
Parking
28 Spaces (9.14 Spaces per 1,000 SF Leased)
Frontage
202’ on Algonquin Rd
Amenities
- Corner Lot
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-08-401-028-0000 | Improvements Assessment | $342,895 |
| Land Assessment | $123,725 | Total Assessment | $466,620 |
Property Taxes
Parcel Number
08-08-401-028-0000
Land Assessment
$123,725
Improvements Assessment
$342,895
Total Assessment
$466,620
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Corporate 7-Eleven w/ Gas | 1650 W Algonquin Rd