Starbucks

25 Main Street, Roselle, IL
Deal Type:
Net Lease
Ownership Type:
Fee Simple
Price:
$1,590,037
Cap Rate:
5.40%
Current Rent:
$85,862
Lease Type:
DoubleNet
Landlord Responsibilities:
Roof, Structure, Foundation, CAM, Parking, Sidewalks, Landscaping, Drainage & Utility Systems
Lease Expiration Date:
Approx. 11+ years
Renewal Options:
4, 5 year options
Building Sq. Ft.:
1,925
Rent Increases:
Yes

Investment Highlights

•  Starbucks exercised two, 5-year renewal options early
•  One of the top grossing stores in the Chicagoland area
•  One of the first locations to sell beer and wine
•  Store is consistently busy throughout the day
•  Located in high-income suburb of Chicago, with average household incomes of $93,862 within one mile
•  Centrally located between two Metra Stations servicing commuters to and from downtown Chicago
•  33% base rent increase in the first option and 10% thereafter 

Listing Agents

Ryan Smeele

CFO / Director of Underwriting
847 651 7500
Ryan@stream-cp.com

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

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