7-Eleven | 1740 W Army Trail Rd
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7-Eleven 1740 W Army Trail Rd
3,062 SF Retail Building Addison, IL 60101 $3,915,000 ($1,279/SF) 5% Cap Rate
Investment Highlights
- 2021 Construction. 3,062+/- SF Building on 0.54+/- Acre Site
- Near UPS Addison, IL Hub (300,000+ SF) & Several Million SF of Industrial/Retail Businesses
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores
- Strategically Located Just Off I-355 (38,200+ VPD), a Primary North/South Interstate w/ 32 Miles of Direct Access to Chicago’s Suburbs
- Immediate Trade Area Features 275,000+ Estimated Population
- Addison | 20 Miles from Downtown Chicago, IL | Population: 36,724+ (MSA Population: 9.4M+)
Executive Summary
Brand New Build-to-Suit, 15-Year NNN Lease, with 7.5% Rental Increases Every 5-Years
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,062 SF
Building Class
C
Year Built
2021
Price
$3,915,000
Price Per SF
$1,279
Cap Rate
5%
NOI
$195,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.54 AC
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 03-30-100-029 | Improvements Assessment | $194,590 |
| Land Assessment | $157,220 | Total Assessment | $351,810 |
PROPERTY TAXES
Parcel Number
03-30-100-029
Land Assessment
$157,220
Improvements Assessment
$194,590
Total Assessment
$351,810
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7-Eleven | 1740 W Army Trail Rd
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