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1950 E Golf Rd
Schaumburg, IL 60173
Fogo de Chao · Retail Property For Sale
Investment Highlights
- Over 13 Years Remaining on NNN Lease With Three 5-Year Renewal Options
- New 2025 Build-to-Suit Construction Featuring an Open Churrasco Grill and Patio
- Daytime Population of 381,205 and $129,740 Average Household Income Within 5-Mile Radius
- 10 Percent Rent Increase Every 5 Years in Initial Term and Options
- Directly North of 2 Million-Square-Foot Woodfield Mall, With Nearly 280 Retail Tenants
- Just 11.5 Miles to O’Hare International Airport and 26.2 Miles to Downtown Chicago
Executive Summary
Marcus & Millichap is pleased to offer for sale the fee simple interest in an 8,490-square-foot restaurant in Schaumburg, IL, in which Fogo De Chão Churrascaria (Schaumburg) LLC has over 13 years remaining on its triple-net lease. The lease features a 10 percent rent increase every 5 years in both the initial term and three 5-year renewal options.
On the northwest corner of West McConnor Parkway and Walter Payton Drive, Fogo De Chão sits directly north of Golf Road and Woodfield Mall, the 12th-largest U.S. shopping mall, and just west of Interstate 290. Neighbors include The Capital Grille, Hyatt Regency, Perry’s Steakhouse and Grille, Perdoceo Education headquarters, and Roosevelt University.
Located in Chicago’s affluent northwest suburbs, 77,249-person Schaumburg is home to the headquarters of insurer Zurich U.S. and postsecondary education company Perdoceo. The village continues to grow with the 225-acre Veridian mixed-use redevelopment and 32.8-acre $82 million Loeber Farm residential redevelopment.
Founded in 1979 in P orto Alegre, Brazil, Fogo de Chão now has nearly 120 worldwide locations and plans to open 14 to 16 new locations in 2026. Known for its all-you-can-eat pricing, the restaurant chain also offers $6 Bar Fogo bites. Bain Capital has owned the chain since 2023.
This property combines an amazing location across from Woodfield Mall, the limited landlord responsibilities of a triple-net lease, and the security of a successful, expanding tenant backed by Bain Capital.
On the northwest corner of West McConnor Parkway and Walter Payton Drive, Fogo De Chão sits directly north of Golf Road and Woodfield Mall, the 12th-largest U.S. shopping mall, and just west of Interstate 290. Neighbors include The Capital Grille, Hyatt Regency, Perry’s Steakhouse and Grille, Perdoceo Education headquarters, and Roosevelt University.
Located in Chicago’s affluent northwest suburbs, 77,249-person Schaumburg is home to the headquarters of insurer Zurich U.S. and postsecondary education company Perdoceo. The village continues to grow with the 225-acre Veridian mixed-use redevelopment and 32.8-acre $82 million Loeber Farm residential redevelopment.
Founded in 1979 in P orto Alegre, Brazil, Fogo de Chão now has nearly 120 worldwide locations and plans to open 14 to 16 new locations in 2026. Known for its all-you-can-eat pricing, the restaurant chain also offers $6 Bar Fogo bites. Bain Capital has owned the chain since 2023.
This property combines an amazing location across from Woodfield Mall, the limited landlord responsibilities of a triple-net lease, and the security of a successful, expanding tenant backed by Bain Capital.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,490 SF
Building Class
B
Year Built
2025
Price
$8,400,000
Price Per SF
$989.40
Cap Rate
6.25%
NOI
$525,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.57
Lot Size
0.34 AC
Amenities
- Freeway Visibility
- Signage
- Monument Signage
Property Taxes
| Parcel Number | 07-12-402-010-0000 | Improvements Assessment | $0 |
| Land Assessment | $3,849 | Total Assessment | $3,849 |
Property Taxes
Parcel Number
07-12-402-010-0000
Land Assessment
$3,849
Improvements Assessment
$0
Total Assessment
$3,849
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