7-Eleven w/ Laredo Taco | 2392 S Wolf Rd
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7-Eleven w/ Laredo Taco 2392 S Wolf Rd
6,865 SF Retail Building Des Plaines, IL 60018 £8,261,925 (£1,203/SF) 5% Net Initial Yield
Investment Highlights
- 2021 Construction. 6,865+/- SF Building on 3.50+/- Acre Site
- Less than 1 Mile from O’Hare International Airport – The 6th Busiest Airport in the World
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores
- Located Directly off Heavily Traveled Interstate 90, at S. Wolf Rd
- Near I-294 (Tri-State Tollway) & I-90 (Kennedy Expy) – Provide Easy Access to Downtown Chicago, Suburbs, & Neighboring States
- Des Plaines | 15 Miles from Downtown Chicago, IL | MSA Population: 9.4M+
Executive Summary
12-Year Net Lease Remaining with 7.5% Rental Increases Every 5 Years
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,865 SF
Building Class
B
Year Built
2021
Price
£8,261,925
Price Per SF
£1,203
Net Initial Yield
5%
NOI
£413,096
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
3.50 AC
PROPERTY TAXES
| Parcel Number | 09-30-400-042-0000 | Improvements Assessment | £455,507 |
| Land Assessment | £438,172 | Total Assessment | £893,679 |
PROPERTY TAXES
Parcel Number
09-30-400-042-0000
Land Assessment
£438,172
Improvements Assessment
£455,507
Total Assessment
£893,679
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7-Eleven w/ Laredo Taco | 2392 S Wolf Rd
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