Kohl's

230 East Rollins Road, Round Lake Beach, IL 60073

$7,482,000

Cap Rate 8.00%

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DOM: 9 Updated: 08.06.25 Posted: 08.06.25 Status: Active 08.06.25

Summary

Price $7,482,000	Built/Renov 2000	Tenant Kohl's
Cap Rate 8.00%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 86,776	Lease Start 02-02-2000	#Units 1,174
Price/SF $86.22	Expiration 02-02-2030	Tenant Type Big Box Retail
NOI $598,560	R. Term 4.5	Ownership Fee Simple
Rent/SF $6.90	Increases 9.1%/6/yrs	Pop 5Mi 143,925
Lot/AC 7.80	Options 6/5yrs/9.1%	AHHI 5Mi $129,074

Randy Blankstein

The Boulder Group (HQ)

Contact

Highlights

Absolute NNN Lease – Zero Landlord Responsibility
Long-Term Lease with Strong Remaining Term through February 2, 2030
The lease featureds six 5-Year renewal options with a 9.1% rent increase
Corporate guaranteed lease

Location Description

Kohl’s is strategically located at the signalized, hard-corner intersection of East Rollins Road and North Cedar Lake Road. The property is a key anchor within Round Lake Commons, a major shopping center that includes national retailers such as Walmart, The Home Depot, PetSmart, Jewel-Osco, Marshalls, Aldi, and Five Below. The five-mile trade area includes approximately 143,925 residents with...

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Key Features

Oversized lot
In location for years
Shopping Ctr out-parcel
Big Box center
Highway close
Dense 100M+ pop 5 mi
Affluent AHHI $100K 5 Mi
Major MSA
Absolute NNN
Traded and rated company

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Links

Kohl's Wikipedia Kohl's Wikipedia Round Lake Beach, Illinois Zip Code 60073 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Kohl's
Guarantor:Corp T and Rated
Company:Kohl's Corporation
# Units:1,174
Tenant S&P: BBB-
Moody’s: Baa2
Stock: NYSE: KSS

About Tenant

Kohl's Corporation (Kohl’s) (NYSE: KSS) is an American department store retail chain that sells moderately-priced private and national brand apparel, footwear, accessories, beauty, and home...

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Listing Broker

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