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234 N Northwest Hwy
Palatine, IL 60067
Starbucks · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.33 AC
Parking
18 Spaces (9 Spaces per 1,000 SF Leased)
Frontage
125’ on Northwest Hwy
Amenities
- Pylon Sign
- Drive Thru
About 234 N NORTHWEST HWY , PALATINE, IL 60067
10-year corporate lease Starbucks with drive-thru located in Palatine, Illinois. The subject property has four (4) five (5) year options with 10% rental increases every five (5) years. The freestanding building is located at the corner of Northwest Highway and East Colfax Street benefiting from over 32,000 VPD and capturing traffic heading south to I-90 and I-290. Constructed in 2016, the site features the newest Starbucks design prototype. There are over 14,000 residents within a one-mile radius. Immediate area retailers include Mariano's, CVS, Chase Bank, PNC Bank, Walgreens, Ace Hardware, Subway, Taco Bell, Wendy's, Arby's, and many others.
Property Taxes
| Parcel Numbers | Improvements Assessment | $150,599 | |
| Land Assessment | $46,900 | Total Assessment | $197,499 |
Property Taxes
Parcel Numbers
Land Assessment
$46,900
Improvements Assessment
$150,599
Total Assessment
$197,499
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