1967 Glacier Park | Naperville, IL 60540
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1967 Glacier Park
Naperville, IL 60540
FREDDY’S – NAPERVILLE (CHICAGO MSA), IL · Retail Property For Sale
Investment Highlights
- Brand new 20-year Absolute NNN lease with attractive 5.00% rental escalations every 5 years with three 5-year options to renew.
- Newly constructed to Freddy’s latest prototype with Brick Construction - opened in January 2024.
- Pad site to a Marshalls Shopping Center (adjacent to Target) with excellent drive-by visibility/access on Rte 59 (main north/south thoroughfare)
- Tenant M&M Custard, LLC - one of the largest owner/operators in Freddy’s system with 42 locations (and growing)
- Well-positioned in dominant/infill retail corridor with high barriers to entry and low vacancy!
- 2023 AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 227,722 | Average Household Income (1-MI): $167,344
Executive Summary
(Building & Land) Fee Simple
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,200 SF
Year Built
2024
Price
£2,429,267
Price Per SF
£759
Net Initial Yield
6%
NOI
£145,758
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
0.88 AC
Zoning
C
Amenities
- Restaurant
- Signage
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