For Sale
$3,574,803

795 Golf Rd Schaumburg, IL 60173

Guzman Y Gomez, high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a newly constructed, 2,828 square foot Guzman Y Gomez fast-food restaurant situated on a 0.77-acre lot in Schaumburg, Illinois. The property boasts a prime corner location at the signalized intersection of Plum Grove Road and Golf Road (IL Route 58), a major commercial corridor with high visibility and convenient access to Interstates 90 and 290, as well as IL Routes 53 and 72. The building, constructed in 2023, includes a drive-through lane. The Absolute NNN ground lease with Guzman Y Gomez, a publicly traded Australian multinational restaurant chain, has a remaining term of 13.2 years, with three 5-year renewal options. Rent increases of 10% every five years are built into the lease, providing a hedge against inflation. The property benefits from a corporate guarantee and enjoys 100% occupancy, generating a Net Operating Income (NOI) of $227,000 and a 6.35% cap rate. The strong demographics of the area, with over 92,300 people within a 3-mile radius and an average household income exceeding $143,879, contribute to the property's high potential. The location is surrounded by numerous national retailers, office buildings, and hotels, ensuring consistent traffic and customer base. This is a truly exceptional opportunity for a passive income investment with minimal management responsibilities. The property is part of a thriving commercial area, including the Woodfield Mall, and benefits from daily traffic counts of approximately 51,200 vehicles at the intersection.

Highlights

  • New construction Guzman y Gomez (GYG) building with a 13+ year Absolute NNN ground lease, including three 5-year renewal options and 10% rent increases every five years.
  • GYG, a publicly traded Australian multinational (ASX: GYG) with over 200 global locations, is experiencing significant growth, aiming for 15-20 locations in the greater Chicago area.
  • Absolute NNN lease; tenant responsible for all operating expenses, repairs, and maintenance.
  • High-visibility corner location at the signalized intersection of Plum Grove Road and Golf Road (IL Route 58), with excellent access to major roadways and proximity to Woodfield Mall.
  • Schaumburg location boasts strong corporate and retail presence, including major employers and a large super-regional mall.
  • Densely populated area with over 92,300 residents within 3 miles, average household income exceeding $143,879, and over 265,500 residents within 5 miles. An additional 92,000 people work within 3 miles.

Property Details for 795 Golf Rd

Property type
Retail properties, Restaurants
Square Feet
2,828 SF
Year Built
2023
Buildings
1
Stories
1
Lot Size (sq. ft)
33,541 SF
Units
1

Location Insight

City
Schaumburg
County
Cook
State
Illinois
Latitude
42.0496753
Longitude
-88.0604822

FAQs

What type of property is this?
Retail property - Guzman Y Gomez, high-traffic location.
Where is the retail property located?
The property is located at 795 Golf Rd Schaumburg, IL.
What is the asking price?
The asking price for this property is $3,574,803.
What are key features of this property?
This property features: New construction Guzman y Gomez (GYG) building with a 13+ year Absolute NNN ground lease, including three 5-year renewal options and 10% rent increases every five years.; GYG, a publicly traded Australian multinational (ASX: GYG) with over 200 global locations, is experiencing significant growth, aiming for 15-20 locations in the greater Chicago area.; Absolute NNN lease; tenant responsible for all operating expenses, repairs, and maintenance.
How can I contact the broker?
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795 Golf Rd
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