Starbucks | 6332 N Northwest Hwy
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Starbucks 6332 N Northwest Hwy
2,149 SF Retail Building Chicago, IL 60631 £2,151,738 (£1,001/SF) 4.26% Net Initial Yield
Executive Summary
Excellent chance for investors! Located in the sought-after Northside area of Chicago, this Starbucks presents a prime investment opportunity. Total rentable area of 2,149 square feet on a 0.62-acre of land. The property is fully leased to Starbucks with a lease term of 10 years with four 5 year renewal options. Its advantageous corner position is complemented by 14 parking spaces and a convenient drive-thru.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,149 SF
Building Class
B
Year Built
2017
Price
£2,151,738
Price Per SF
£1,001
Net Initial Yield
4.26%
NOI
£91,557
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Land Acres
0.62 AC
Zoning
B3-1 - Community Shopping District
Parking
6.51 Spaces per 1,000 SF Leased
Amenities
- Bus Route
- Signage
- Drive Thru
- Air Conditioning
Walk Score ®
Very Walkable (71)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £67,636 | |
Land Assessment | £74,945 | Total Assessment | £142,581 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£74,945
Improvements Assessment
£67,636
Total Assessment
£142,581
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Starbucks | 6332 N Northwest Hwy
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