2280 W Higgins Rd
Hoffman Estates, IL
Price:
$3,066,000
Cap Rate:
5.65%
NOI:
$173,222
Building Size:
Approx. 2,349 Sq. Ft.
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2024
Investment Overview
- 2024 Construction. 2,349+/- SF Building on 0.66+/- Acre Site
- Brand New 20 Year Ground Lease with 10% Rental Increases Every 5 Years, Plus (4) 5 Year Options to Renew
- Located on W Higgins Road (22,066+ VPD), just South of 1-90 (149,975+ VPD),
- Superb Demographics in Northwest Suburb of Chicago – 210,100+ Residents w/in 5 Miles w/ Avg. HH Income of $125,830+
- Across the Street from Ascension Saint Alexius Medical Campus – 950+ Physicians, 1,800+ Employees, & 60+ Specialties
- Popeyes is the World’s Second-Largest Quick-Service Chicken Brand, With Over 4,178 Locations Worldwide
- Hoffman Estates | Located in the Chicago, IL MSA | MSA Population: 9.4M+