Investment Overview

Marcus & Millichap is pleased to exclusively offer a KFC ground lease with over seven years remaining, including two optional five-year renewals. Rental income is structured to increase, with 10 percent increases every five years during the base term and 15 percent increases during the optional renewal periods. The tenant has occupied this location since 1992, demonstrating a long-term commitment to the site. Situated in Schaumburg, a premier suburb in the Chicagoland area, this property benefits from being in the second-largest economic hub in Illinois outside of Chicago. Schaumburg has an impressive commercial landscape, with 9.5 million square feet of retail space, 12 million square feet of office space, and 13.5 million square feet of industrial space. The suburb is home to more businesses than any other area in Illinois outside of Chicago’s central business district. The daytime population exceeds 150,000, supported by a highly educated workforce. The property is an outparcel to the Schaumburg Town Center, which features a variety of national, regional, and local tenants like DaVita Dialysis, Skypoint Medical, H&R Block, KD Market, Farmer’s Insurance, and Dorothy’s Dancing, providing a strong, recurring customer base. Located near major retailers such as Walgreens and Chase Bank on Roselle Road, it is also close to brands like Dunkin, Firestone, Target, Starbucks, Walmart, Staples, Aldi, Meijer, Lowe’s, and Dick’s Sporting Goods. Additionally, it is just 4.8 miles from Woodfield Mall, which attracts 27 million visitors each year. The area is surrounded by ten schools within a six-mile radius, enrolling a total of 12,924 students. Positioned near a signalized hard corner at the intersection of Roselle Road and Wise Road, this property enjoys high visibility, with 45,100 vehicles passing by daily. The location is accessible, flanked by IL-390 to the south and I-90 to the north. This densely populated area is also highly affluent, with a population of 116,674 within a three-mile radius and an average household income exceeding $112,000.