Starbucks | New Construction
$2,170,000
234 North Northwest Highway, Palatine, IL 60067
For Sale
Retail
Restaurant
Active
Last Updated: 04/13/2022
5.07
Cap Rate
Retail
Development Type
Details:
Cap Rate: 5.07%
Development Type: Retail
Lot Area: 0.33 acres
Building Size: 2,000 sqft
Lease Type: Double Net
Highlights:
- Brand New Construction with Drive-Thru
- Long Term Lease with Rent Increases
- Strategic Location
- Minimal Competition
Description:
The freestanding building is currently under construction and located at the hard corner of Northwest Highway (US-14) and East Colfax Street. It is strategically positioned on the “morning-side” of US-14 for drivethrough customers heading south on their way in to work. Starbucks can incorporate their new “Starbucks Evenings” concept which features craft beer, wine, and evening snacks, providing additional evening revenue for the store
Location
Gallery
