Price $2,406,500 | Built/Renov 2023 | Tenant Starbucks |
Cap Rate 6.15% | Lease Type
NN+ | Guarantor Corp T and Rated |
Size/SF
2,231
| Lease Start
06-01-2023
| #Units
36,000
|
Price/SF $1,078.66 | Expiration
05-31-2033
| Tenant Type Fast Food/QSR |
NOI $148,000 | R. Term 9.5 | Ownership Fee Simple |
Rent/SF
$66.34
| Increases 10.0%/4/yrs | Pop 5Mi 163,571 |
Lot/AC 0.80 | Options 0/4yrs/5% | AHHI 5Mi $115,985 |
| |
Starbucks has excellent visibility and accessibility on Illinois State Route 59, averaging a daily traffic count of 22,200 vehicles. It is strategically positioned just one mile to the south of Plainfield Central High School, which has an enrollment of over 2,000 students. Additionally, the vicinity of national tenants, including McDonald's, Dairy Queen, Dunkin', Jewel-Osco, Kohl's, Menards,...
...New construction
Strategically located
Highway location
Top 100 MSA
Affluent AHHI $100K 5 Mi
Population increase trend
Brand new lease
Favorable NN+ lease
Traded and rated company
Investment grade tenant
Starbucks Corporation is the leading roaster, retailer, and marketer of specialty coffee in the world. In addition to drinks and food, many stores carry Starbucks' official merchandise, such...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 6,321 | 61,436 | 172,500 |
2023 Total Population : | 6,217 | 60,873 | 170,556 |
2023 Employed Civilian Pop : | 3,510 | 33,836 | 88,964 |
2023 Total Businesses : | 267 | 1,465 | 3,717 |
2023 Average Household Income : | $ 140,067 | $ 135,677 | $ 126,789 |
2023 Total Consumer Spending : | $ 261 M | $ 2236 M | $ 6167 M |
2023 Median Age : | 39 | 35 | 36 |
2023 Total Households : | 2,211 | 19,476 | 57,018 |
2023 Pop Age 25+: Bachelor's Degree : | 1,065 | 10,235 | 27,823 |
2023 Average Home Value : | $ 337,737 | $ 304,673 | $ 305,105 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
W Renwick Rd | S Division St | 2012 | 3,200 | 0.15 mi |
S Division St | W Feeney Dr | 2013 | 24,000 | 0.27 mi |
IL 59 | 2021 | 22,200 | 0.28 mi | |
W Renwick Rd | S Dan O'Connell Dr | 2012 | 8,350 | 0.43 mi |
US 30 | 2021 | 14,900 | 0.59 mi | |
Fort Beggs Dr | Pratt Ln | 2012 | 3,900 | 0.67 mi |
Fraser Rd | Vintage Dr | 2012 | 1,250 | 0.67 mi |
N Division St | W Union St | 2013 | 24,000 | 0.77 mi |
River Rd | S James St | 2004 | 4,300 | 0.81 mi |
S Joliet Rd | Union St | 2014 | 16,400 | 0.82 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]