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9433-9437 Higgins Road
Rosemont, IL 60018

$3,687,000 USD

General Retail For Sale  •  4,520 SF

Property Details

  • Property Type General Retail
  • Total Building Size 4,520 SF
  • Lot Size 0.9 AC
  • Year Built 2022
  • Cap Rate 7.00 %
  • Tenancy Multiple
60 Transit Score
40 Walk Score

Highlights

Newly constructed 2022 trophy retail asset; 100% occupied by two restaurant tenants
7.6-Year WALT with Big Chicken (8.5 yrs) and Stan's Donuts (6.7 yrs) on NNN leases
In-place NOI of $258,600 at a 7.00% cap rate; listed at $3,687,000
Average household incomes exceeding $164,000 within a three-mile radius
Located along Higgins Road with ±24,400 VPD adjacent to O'Hare International Airport
Both tenants have multiple renewal options providing long-term occupancy potential
Cap Rate: 7.00 %

Amenities

  • Pylon Sign
  • Restaurant
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
O'Hare Transfer Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.1 mi
Rosemont Station (North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 1.9 mi
Transit/SubwayDriveWalkDistance
Rosemont Station (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
Chicago O'Hare International 28 min - 8.7 mi
Chicago Midway International 43 min - 20.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 55
Type: Surface
Included in Rent: Yes
Patrick Forkin 872-256-1031 Matthews Real Estate Investment Services
Patrick Forkin 872-256-1031 Matthews Real Estate Investment Services