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Corporate Verizon | Biggby Coffee | Lacey’s 3501-3525 Diamond Dr 7,035 SF 100% Leased Retail Building McHenry, IL 60051 $2,789,000 ($396.45/SF) 7.15% Cap Rate

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Investment Highlights

100 Percent Occupied Three-Tenant Center Anchored by Verizon Wireless (Corporate Guarantee) and Biggby Coffee (New 2024 Lease)
Situated in a Retail Hub | Surrounded by National Retailers
Frontage Along Richmond Road, which sees 23,400 Vehicles Per Day

Verizon Wireless has been Operating at this Location since 2009 and Lacey’s Place since 2017
Positioned Across the Street from The Shops at Fox River Shopping Center, which Attracts 2.7 Million Annual Visitors (Placer.ai)
30,708 Residents and 27,046 Employees within a Three-Mile Radius | Avg HH Income of $119,939 within a Five-Mile Radius

Executive Summary

Diamond Plaza is a 100 percent occupied three-tenant retail center, anchored by Verizon Wireless and Biggby Coffee. The property is located within McHenry’s Route 31 regional retail corridor. Verizon Wireless has operated at the site since 2009 and is corporately guaranteed, while Biggby Coffee signed a new lease in 2024. Biggby Coffee is a fast-growing national brand with approximately 450 locations and was named USA Today’s #2 Best Coffee Chain in the Nation (2025). The center benefits from excellent visibility and hard corner, stoplight location along Richmond Road (23,400 vehicles per day). The property is in close proximity to the McHenry Metra Station, which services approximately 5.55 million annually. The property is situated within a dominant regional retail hub surrounded by national retailers including Walmart Supercenter, The Home Depot, Meijer, and more. Located in McHenry County, an investor will benefit from a more pro-business environment over neighboring Cook County. Diamond Plaza is supported by affluent demographics, with over 30,000 residents within three miles and an average household income of $119,939 within five miles.

Diamond Plaza Costar Brochure

Property Facts

Sale Type

Investment

Property Type

Retail

Building Size

7,035 SF

Building Class

Year Built

2009

Price

$2,789,000

Price Per SF

$396.45

Cap Rate

7.15%

NOI

$199,413

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.15

Lot Size

1.09 AC

Zoning

C-5

Parking

43 Spaces (6.11 Spaces per 1,000 SF Leased)

Frontage

426’ on Diamond Dr

Signalized Intersection

Drive Thru

Accommodation and Food Services
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Lorem Ipsum
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Biggby Coffee is a privately held coffeehouse franchise founded in March 1995 in East Lansing, Michigan by Bob Fish and Mary Roszel. Originally launched as Beaner’s Coffee, the company rebranded to Biggby Coffee in 2007 to avoid cultural insensitivity. Operating under Global Orange Development, LLC, Biggby has grown into a fully franchised business model with over 430 locations across 13 states. The company emphasizes community engagement, ethical sourcing, and franchisee support. Biggby Coffee is known for its signature drinks, such as the Caramel Marvel and Bragels, and continues to expand its footprint while maintaining a people-first philosophy.

Arts, Entertainment, and Recreation
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Lorem Ipsum
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Lacey’s Place Slots & Video Gaming is a gaming parlor with over 30+ locations in the Illinois region. They offer new, clean and safe gaming entertainment including food, drinks and entertainment.

Retailer
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Verizon Communications was formed in 2000 through the merger of Bell Atlantic Corp. and GTE Corp., creating one of the largest telecom companies in the US. The company offers wireless products and services, including data plans and mobile phone services. It also provides broadband and other wireline communications services. Verizon's consumer segment provides wireless and wireline services to consumers, while the business segment offers services to businesses and government entities. Verizon has a significant presence in the telecommunications market, offering a wide range of services to a diverse customer base.

Tenant	Industry	SF Occupied	Rent/SF	Lease Type	Lease End
	Accommodation and Food Services	-	-	Lorem Ipsum	Jan 0000
	Arts, Entertainment, and Recreation	-	-	Lorem Ipsum	Jan 0000
	Retailer	-	-	Lorem Ipsum	Jan 0000