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 £3,114,461 (£1,017/SF) 5% Net Initial Yield
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
£3,114,461
Price Per SF
£1,017
Net Initial Yield
5%
NOI
£155,723
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Lot Size
0.54 AC
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 03-30-100-029 | Improvements Assessment | £153,113 |
| Land Assessment | £123,709 | Total Assessment | £276,822 |
PROPERTY TAXES
Parcel Number
03-30-100-029
Land Assessment
£123,709
Improvements Assessment
£153,113
Total Assessment
£276,822
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7-Eleven | 1740 W Army Trail Rd
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