High-traffic Steak 'n Shake in Hoffman Estates
$1,599,000
2508 W Higgins Rd, Hoffman Estates, IL 60169
For Sale
Retail
Free Standing
Active
Last Updated: 09/03/2025
7.84
Cap Rate
125,337
NOI
Details:
Cap Rate: 7.84%
NOI: $125,337
Building Size: 3,750 sqft
Lot Area: 1.1465 acres
Occupancy: 100%
Units: 1
Year Built: 1997
Floors: 1
Highlights:
- $125,337 Net Operating Income with triple-net renewable lease.
- Two five-year options to renew lease could keep long-standing tenant in place through 2036 and beyond.
Description:
National tenant in place sine 1998 offers great stability in a high-traffic intersection of Chicago’s northwest suburbs.
NNN lease
Drive-thru + sit-down seating
Parking for 50+
B-2 Community Business District
Maximum exposure location at the intersection of Barrington Rd and Higgins Rd between I90 and Golf Road in Hoffman Estates, IL.
Location
Gallery
