Restaurant
Starbucks
15939 South Route 59, Plainfield, IL 60586
Listing Price: $2,406,500
Investment Overview
Marcus & Millichap is pleased to present for sale Starbucks in Plainfield, Illinois. Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SBUX.”
The Village of Plainfield is located approximately 35 miles southwest of Chicago and is home to 44,762 residents, as of the 2020 U.S. Census. At its current trajectory, the Chicago Metropolitan Agency for Planning (CMAP) estimates that the village's population will reach 62,000 by 2030 (a nearly 39 percent increase from its 2020 population).
Starbucks
Investment Highlights
- Brand New 10-Year Corporate Lease with Starbucks (NYSE: SBUX)
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- High-Quality 2023 Construction with a Drive-Thru
- 163,571 Residents Within a Five-Mile Radius - Growing Trade Area in the Chicago MSA
- Households and Population Projected to Increase More than 6 Percent in the Immediate Area by 2027
- Excellent Frontage and Accessibility Along Illinois State Route 59 with 22,200 Cars per Day
- Average Household Income Exceeds $120,000 Within a Three-Mile Radius
- Close Proximity to National Tenants: McDonald's, Dairy Queen, Dunkin', Jewel-Osco, Kohl's, Menards, Meijer, and More
Listing Price: $2,406,500
Investment Highlights
- Brand New 10-Year Corporate Lease with Starbucks (NYSE: SBUX)
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- High-Quality 2023 Construction with a Drive-Thru
- 163,571 Residents Within a Five-Mile Radius - Growing Trade Area in the Chicago MSA
- Households and Population Projected to Increase More than 6 Percent in the Immediate Area by 2027
- Excellent Frontage and Accessibility Along Illinois State Route 59 with 22,200 Cars per Day
- Average Household Income Exceeds $120,000 Within a Three-Mile Radius
- Close Proximity to National Tenants: McDonald's, Dairy Queen, Dunkin', Jewel-Osco, Kohl's, Menards, Meijer, and More
Investment Overview
Marcus & Millichap is pleased to present for sale Starbucks in Plainfield, Illinois. Starbucks is the premier roaster, marketer and retailer of specialty coffee in the world, operating in 69 countries. Formed in 1985, Starbucks Corporation’s common stock trades on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SBUX.” The Village of Plainfield is located approximately 35 miles southwest of Chicago and is home to 44,762 residents, as of the 2020 U.S. Census. At its current trajectory, the Chicago Metropolitan Agency for Planning (CMAP) estimates that the village's population will reach 62,000 by 2030 (a nearly 39 percent increase from its 2020 population).
