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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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 13-06-102-015-0000
  • 13-06-102-021-0000
Land Assessment
£74,945
Improvements Assessment
£67,636
Total Assessment
£142,581
  • Listing ID: 31367500

  • Date on Market: 29/03/2024

  • Last Updated:

  • Address: 6332 N Northwest Hwy, Chicago, IL 60631

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