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Popeyes 2280 W Higgins Rd

2,349 SF Retail Building Hoffman Estates, IL 60169 $4,432,118 CAD ($1,887 CAD/SF) 5.65% Cap Rate

Retail Space Illinois Hoffman Estates 2280 W Higgins Rd, Hoffman Estates, IL 60169

Investment Highlights

  • 2024 Construction. 2,349+/- SF Building on 0.66+/- Acre Site
  • Superb Demographics in Northwest Suburb of Chicago – 210,100+ Residents w/in 5 Miles w/ Avg. HH Income of $125,830+
  • Popeyes is the World’s Second-Largest Quick-Service Chicken Brand, With Over 4,178 Locations Worldwide
  • Located on W Higgins Road (22,066+ VPD), just South of 1-90 (149,975+ VPD)
  • Across the Street from Ascension Saint Alexius Medical Campus – 950+ Physicians, 1,800+ Employees, & 60+ Specialties
  • Hoffman Estates | Located in the Chicago, IL MSA | MSA Population: 9.4M+

Executive Summary

Brand New 20 Year Ground Lease with 10% Rental Increases Every 5 Years, Plus (4) 5 Year Options to Renew

Attachments

SECURE NET LEASE OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,349 SF
Building Class
C
Year Built
2024
Price
$4,432,118 CAD
Price Per SF
$1,887 CAD
Cap Rate
5.65%
NOI
$250,405 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.66 AC

Links

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Nearby Major Retailers

Starbucks
Big Blue Swim School
Steak ‘n Shake
Chili's Grill & Bar
Ihop Restaurant
Inchin's Bamboo Garden
Crossfit
Mariano's
Anytime Fitness
Chase Bank

PROPERTY TAXES

Parcel Number 07-07-205-009-0000 Improvements Assessment $16,454 CAD
Land Assessment $80,062 CAD Total Assessment $96,516 CAD

PROPERTY TAXES

Parcel Number
07-07-205-009-0000
Land Assessment
$80,062 CAD
Improvements Assessment
$16,454 CAD
Total Assessment
$96,516 CAD
(214) 675-0175

Contacts

  • Listing ID: 33842981

  • Date on Market: 2024-08-01

  • Last Updated:

  • Address: 2280 W Higgins Rd, Hoffman Estates, IL 60169

The Retail Property at 2280 W Higgins Rd, Hoffman Estates, IL 60169 is currently available for sale. Contact Secure Net Lease for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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2280 W Higgins Rd, Hoffman Estates, IL for sale Building Photo- Image 1 of 7
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Popeyes | 2280 W Higgins Rd
(214) 675-0175 x

Popeyes | 2280 W Higgins Rd

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Matthew Scow

(214) 675-0175

(214) 675-0175

Bob Moorhead

(214) 915-8890

(214) 915-8890

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