Andy’s Frozen Custard Drive-Thru
Single-Tenant Offerings
Andy’s Frozen Custard Drive-Thru
390 Barrington Road
Schaumburg (Chicago MSA), IL
- Price:
- $3,083,000
- Cap Rate:
- 6.00%
- NOI:
- $185,000
- Rentable SQFT:
- 2,276 SF
- Year Built:
- 2020
- Lot Size:
- 0.922 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- New 20-Year Absolute NNN Sale-Leaseback with 1.75% Annual Increases
- Corporate Guaranty with 170+ Locations Across 15 States, Strong Financials
- High-Performing Location with Year-Over-Year Sales Growth and Highly Profitable Store
- Proven Concept in Trade Area Showing Tenant’s Commitment to Location, Store Originally Opened in 2020
- Ranked #254 on Franchise Times Top 400 with a 30.7% Increase in Sales
- Serving Over 227,000 Residents in Affluent Chicago Suburb
- Average Household Incomes Exceed $103,000 in 1 Mile and $109,000 in 3 Miles
- Regional Retail Hub, Down the Street from Walmart, Target, Home Depot, Jewel-Osco, Mariano’s, Ross, Kohl’s, Petsmart and More
- Hard Corner Location at Busy Signalized Intersection with Over 35,000 Cars/Day
- Just South of I-90 with 146,700+ Cars/Day, Direct Access to Downtown Chicago
- 1.5 Miles to St. Alexius Medical Center with 1,800+ Employees, Regional Hospital Serving 616,000+ Residents
- Strong Daytime Population, More Than 101,000 Employees in Primary Trade Area
- Minutes to Prairie Stone, a 780-Acre Master-Planned Business Park and $561 Million Data Center Campus Currently Under Construction
- Close Proximity to Harper College with 26,700+ Students and Surrounded by Several K-12 Schools with 15,000+ Students
- 20 Miles West of O’Hare International Airport and 32 Miles Northwest of Downtown Chicago
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