This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

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
Fast Food
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
  • Listing ID: 34144218

  • Date on Market: 09/05/2024

  • Last Updated:

  • Address: 1967 Glacier Park, Naperville, IL 60540

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}