For Sale
$1,685,714

549 Boughton Rd Bolingbrook, IL 60440

Chicago MSA: 20-Year NNN Lease, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a brand-new, 650-square-foot Scooter's Coffee located in Bolingbrook, Illinois, within the Chicago MSA. The property boasts a 20-year absolute triple-net (NNN) lease commencing July 1, 2024, and expiring July 1, 2044, with a 7% rent increase every five years. The lease is guaranteed by a credit-rated franchisee with plans for further expansion in the Illinois market. Situated on a 0.75-acre lot at 549 E Boughton Rd, Bolingbrook, IL 60440, this single-tenant property enjoys a prime location with high traffic counts (30,000+ vehicles per day) at the intersection of Boughton Road and Preston Drive. The property benefits from proximity to a major shopping mall featuring nationally recognized retailers such as Macy's, Meijer, IKEA, Costco, and more. The building, constructed in 2024, offers 100% occupancy and generates a net operating income (NOI) of $118,000, representing a 7.00% cap rate and a price per square foot of $2,593.41. The asking price is $1,685,714. The lease includes four (4) and five (5) year renewal options. This is a truly exceptional opportunity to acquire a low-risk, high-return investment with a strong tenant and a long-term lease. The franchisee is an experienced operator with a proven track record. Projected sales figures support a low rent-to-sales ratio. This is a turnkey investment with zero landlord responsibilities.

Highlights

  • Scooter's Coffee, a rapidly growing national chain with over 760 locations, is the tenant.
  • New construction, 650 SF building completed July 2024.
  • Average Scooter's Coffee store sales range from $850,000 to over $1.5 million.
  • Brand new, 20-year absolute triple-net (NNN) lease with zero landlord responsibilities; tenant pays all taxes, insurance, and maintenance.
  • Lease features a 7% rent increase every five years, plus four and five-year renewal options.
  • High-traffic location (30,000+ vehicles per day) at Boughton Road & Preston Drive in Bolingbrook, IL, near major retailers including Macy's, Meijer, IKEA, and Costco.

Property Details for 549 Boughton Rd

Property type
Retail properties, Restaurants
Square Feet
650 SF
Year Built
2024
Buildings
1
Stories
1
Lot Size (sq. ft)
32,670 SF
Units
1

Location Insight

City
Bolingbrook
County
Will
State
Illinois
Latitude
41.7186038
Longitude
-88.0477133

FAQs

What type of property is this?
Retail property - Chicago MSA: 20-Year NNN Lease, High ROI
Where is the retail property located?
The property is located at 549 Boughton Rd Bolingbrook, IL.
What is the asking price?
The asking price for this property is $1,685,714.
What are key features of this property?
This property features: Scooter's Coffee, a rapidly growing national chain with over 760 locations, is the tenant.; New construction, 650 SF building completed July 2024.; Average Scooter's Coffee store sales range from $850,000 to over $1.5 million.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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549 Boughton Rd
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