7-Eleven
Single-Tenant Offerings
7-Eleven
2250 W Higgins Road
Hoffman Estates (Chicago MSA), IL
- Price:
- $4,140,000
- Cap Rate:
- 5.00%
- NOI:
- $207,000
- Rentable SQFT:
- 3,531 SF
- Year Built:
- 2020
- Lot Size:
- 0.776 +/- Acres
- Lease Type:
- Modified NNN
- Status:
- Under Contract
Investment Highlights
- 15-Year Modified NNN Lease with 7.5% Increases Every 5 Years
- Landlord Responsible for Foundation and Structure Only
- Investment Grade Credit Tenant, Rated ‘AA-‘ by S&P
- Relocation of High-Performing Store, Open 24 Hours with Full Liquor License
- Brand New High-Quality 2020 Construction, Eligible for Accelerated Depreciation
- Serving Over 210,000 Residents in Northwest Suburb of Chicago
- Average Household Income Exceeds $103,000 within 3 and 5 Miles
- Hard Corner Location at Signalized Intersection, Over 35,000 Cars/Day
- Immediate Access to I-90 with 120,200 Cars/Day, Connects to Downtown Chicago
- Directly Across from St. Alexius Medical Campus, Home to a 318-Bed State-of-the-Art Hospital and New $125 Million Women & Children’s Facility
- Adjacent to Northwest Corporate Center, a 332K SF Premier Suburban Business Park
- Close Proximity to Veridian, a $600 Million Mixed-Use Development on 225 Acres with 1,900 Luxury Residences, 3.3 Million SF Office, and 250K SF of Retail
- Strong Daytime Population, 108,453 Employees within 5 Miles
- Minutes to Harper College with 16,060 Students and 1,959 Employees
- Down the Street from Hoffman Estate High School with 1,959 Students
- 17 Miles West of O’Hare International Airport, the 2nd Busiest Airport in the World
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