For Sale
$75,000

3068 Kirchoff Rd Rolling Meadows, IL 60008

Established Boba Tea Shop, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
132
This thriving Boba Tea shop in Rolling Meadows, IL, presents a unique owner-user investment opportunity. Located within the Rolling Meadows Shopping Center, this 1,000 square foot, single-story business enjoys a prime location anchored by Jewel-Osco and surrounded by national tenants such as Dollar Tree, McDonald's, Great Clips, and Anytime Fitness. The property boasts high visibility and traffic, with over 10,700 vehicles passing daily. The business benefits from a strong customer base, supported by a population exceeding 102,000 within a three-mile radius and an average household income over $125,900. The sale includes all newer equipment (24 pieces), representing significant value. The current lease is a NNN (Net, Net, Net) agreement with four years remaining, offering a monthly rent of $1,582.50 plus $864 in NNN expenses. Built in 1956 and renovated in 1995, the building sits on a spacious 130,212 square foot lot with ample parking (100 spaces). The property is classified as Class B and offers immediate occupancy upon closing, scheduled for November 14, 2024. This turnkey operation is priced at $75,000 and represents a compelling opportunity for a savvy investor seeking a profitable and established business in a high-traffic location.

Highlights

  • Established boba tea shop with modern equipment.
  • Four-year lease assignment below market rate.
  • Excellent location in shopping center anchored by Jewel-Osco and other national retailers.
  • High-traffic location with 10,700 vehicles per day.

Property Details for 3068 Kirchoff Rd

Property type
Commercial real estate
Square Feet
1,000 SF
Class
B
Year Built/Renovated
1956/1995
Stories
1
Units
1

Location Insight

City
Rolling Meadows
County
Cook
State
Illinois
Latitude
42.079079
Longitude
-88.017966

FAQs

What type of property is this?
Commercial real estate - Established Boba Tea Shop, Excellent Location
Where is the commercial real estate located?
The property is located at 3068 Kirchoff Rd Rolling Meadows, IL.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Established boba tea shop with modern equipment.; Four-year lease assignment below market rate.; Excellent location in shopping center anchored by Jewel-Osco and other national retailers.
How can I contact the broker?
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3068 Kirchoff Rd
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