Starbucks
Chicago, IL-60649
Overview
Price
$1,769,739
Cap Rate
5.75%
NOI
$101,760
Leasable Area
2,004 SF
Year Built
2004
Occupancy
100%
Status
Available
Price Per SF
$1,031
Property Highlights
NMR & Associates is pleased to exclusively market for sale a single tenant net leased Starbucks
property located in a densely populated part of Chicago, Illinois. The 1,696 square foot retail
building was developed in 2004 at a heavily trafficked signalized intersection. Starbucks is
committed to this location as evidenced by their 2014 decision to extend the lease for an
additional ten years. Starbucks is an investment grade rated company with a Standard and
Poor’s rating of A.The Starbucks property is located at the signalized intersection of South Stony
Island Avenue and East 71st Street approximately ten miles south of downtown Chicago.
