7290 E Riverside Blvd | Loves Park, IL 61111
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7290 E Riverside Blvd
Loves Park, IL 61111
Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Investment Grade Corporate Backing by Starbucks Corporation (NASDAQ: SBUX)
- Brand New Freestanding Drive-Thru Building
- Desirable Lease Structure - 100% reimbursement by Tenant for all operating expenses
- Over 9 Years Remaining on Lease with No Termination Option
- Proximity to Top U.S. Markets - Rockford, IL metropolitan area - the 3rd largest MSA in the state
- Rental increases every five years
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,048 SF
Building Class
C
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.09 AC
Zoning
IL_CR
Frontage
241’ on East Riverside Boulevard
PROPERTY TAXES
| Parcel Number | 12-02-153-008 | Improvements Assessment | $179,161 |
| Land Assessment | $102,383 | Total Assessment | $281,544 |
PROPERTY TAXES
Parcel Number
12-02-153-008
Land Assessment
$102,383
Improvements Assessment
$179,161
Total Assessment
$281,544
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