Popeyes Chicken Hoffman Estates, IL

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+

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