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Big Chicken & Stan's Donuts 9433-9437 Higgins Road 4,520 SF 100% Leased Retail Building Rosemont, IL 60018 $3,687,000 ($815.71/SF) 7% Cap Rate
Investment Highlights
- Newly constructed 2022 trophy retail asset; 100% occupied by two restaurant tenants
- In-place NOI of $258,600 at a 7.00% cap rate; listed at $3,687,000
- Located along Higgins Road with ±24,400 VPD adjacent to O'Hare International Airport
- 7.6-Year WALT with Big Chicken (8.5 yrs) and Stan's Donuts (6.7 yrs) on NNN leases
- Average household incomes exceeding $164,000 within a three-mile radius
- Both tenants have multiple renewal options providing long-term occupancy potential
Executive Summary
Matthew M. Fitzgerald
License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Building Size
4,520 SF
Year Built
2022
Price
$3,687,000
Price Per SF
$815.71
Cap Rate
7%
NOI
$258,090
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
0.90 AC
Parking
55 Spaces (12.17 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Restaurant
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Big Chicken & Stan's Donuts | 9433-9437 Higgins Road