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351 W Dundee Rd
Wheeling, IL 60090
Starbucks · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Waived Early Termination Right: Starbucks waived their early termination right and their lease extends through March 2029.
  • Strong Tenancy: Starbucks is the world’s #1 specialty coffee retailers and operates over 34,000 stores, serving millions daily.
  • High-Traffic Location: The site is well positioned on the south side of Dundee Road with 23,775 vehicles passing by the site per day.
  • E-Commerce Resistant Tenant: The Property is 100% occupied by Starbucks which is e-commerce resistant due to being a service/need based retailer.
  • Outparcel to Wheeling Town Center: Mixed-use development featuring 100,000 square feet of retail space and 301 residential apartments.
  • Transit-Oriented Site: The Property is adjacent to the Wheeling station on Metra’s North Central line.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,104 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.22 AC
Zoning
Commercial
Parking
17 Spaces (5.86 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-10-202-001-0000
Land Assessment
$165,960
Improvements Assessment
$188,540
Total Assessment
$354,500
  • Listing ID: 27213957

  • Date on Market: 11/30/2022

  • Last Updated:

  • Address: 351 W Dundee Rd, Wheeling, IL 60090

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