Starbucks | 6332 N Northwest Hwy
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Starbucks 6332 N Northwest Hwy
2,149 SF Retail Building Chicago, IL 60631 $2,750,000 ($1,280/SF) 4.26% Cap Rate
Executive Summary
Excellent chance for investors! Located in the sought-after Northside area of Chicago, this Starbucks presents a prime investment opportunity. Total rentable area of 2,149 square feet on a 0.62-acre of land. The property is fully leased to Starbucks with a lease term of 10 years with four 5 year renewal options. Its advantageous corner position is complemented by 14 parking spaces and a convenient drive-thru.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,149 SF
Building Class
B
Year Built
2017
Price
$2,750,000
Price Per SF
$1,280
Cap Rate
4.26%
NOI
$117,013
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.62 AC
Zoning
B3-1 - Community Shopping District
Parking
6.51 Spaces per 1,000 SF Leased
Amenities
- Bus Line
- Signage
- Drive Thru
- Air Conditioning
Walk Score®
Very Walkable (71)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $86,441 | |
Land Assessment | $95,783 | Total Assessment | $182,224 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$95,783
Improvements Assessment
$86,441
Total Assessment
$182,224
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Starbucks | 6332 N Northwest Hwy
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