Arby's | NNN
$1,315,000
139 North Northwest Highway, Palatine, IL 60067
For Sale
Retail
Restaurant
Active
Last Updated: 04/13/2022
Retail
Development Type
6.89
Cap Rate
Details:
Development Type: Retail
Cap Rate: 6.89%
Lot Area: 0.45 acres
Lease Type: Absolute Net
Building Size: 3,000 sqft
Highlights:
- Absolute NNN
- Strong Rental Increases
- Strategic Location
- Strong Demographics
Description:
The freestanding restaurant features a drive-thru and is located along Northwest Highway (US-14) where it benefits from an established and affluent northwest community of Chicago.
The immediate area is anchored the 137,000 square foot Palatine Plaza shopping center and a recently constructed 71,000 square foot Mariano’s Fresh Market, a leading Chicagoland grocer. Other nearby national retailers include: CVS, McDonald’s, Chase Bank, Burger King, BMO Harris Bank, Ace Hardware, Dairy Queen, Dollar Tree, Bakers Square, PNC Bank, Dunkin’ Donuts, Lou Malnati’s, Taco Bell, AutoZone, Starbucks, Popeye’s, Wendy’s, and Sherwin Williams, among others.
Location
Gallery
