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Shopping Strip

Corporate Verizon Wireless | Biggby Coffee (Drive-Thru) | Lacey's Place

3501-3523 Diamond Dr, McHenry, IL 60050

Listing Price: $2,789,000

Cap Rate
7.15%
Gross SF
7,035
Rentable SF
7,035
Price/Gross SF
$396.45
Lot Size
1.09 acres
Year Built
2009

Investment Overview

Diamond Plaza is a 100 percent occupied three-tenant retail center, anchored by Verizon Wireless and Biggby Coffee. The property is located within McHenry’s Route 31 regional retail corridor. Verizon Wireless has operated at the site since 2009 and is corporately guaranteed, while Biggby Coffee signed a new lease in 2024. Biggby Coffee is a fast-growing national brand with approximately 450 locations and was named USA Today’s #2 Best Coffee Chain in the Nation (2025). The center benefits from excellent visibility and hard corner, stoplight location along Richmond Road (23,400 vehicles per day). The property is in close proximity to the McHenry Metra Station, which services approximately 5.55 million annually. The property is situated within a dominant regional retail hub surrounded by national retailers including Walmart Supercenter, The Home Depot, Meijer, and more. Located in McHenry County, an investor will benefit from a more pro-business environment over neighboring Cook County. Diamond Plaza is supported by affluent demographics, with over 30,000 residents within three miles and an average household income of $119,939 within five miles.

Investment Highlights

  • 100 Percent Occupied Three-Tenant Center Anchored by Verizon Wireless (Corporate Guarantee) and Biggby Coffee (New 2024 Lease)
  • Verizon Wireless has been Operating at this Location since 2009 and Lacey's Place since 2017
  • Situated in a Retail Hub | Surrounded by National Retailers
  • Positioned Across the Street from The Shops at Fox River Shopping Center, which Attracts 2.7 Million Annual Visitors (Placeer.ai)
  • Frontage Along Richmond Road, which sees 23,400 Vehicles Per Day
  • 30,708 Residents and 27,046 Employees within a Three-Mile Radius | Avg HH Income of $119,939 within a Five-Mile Radius

Exclusively Listed By

Financing By

Shopping Strip

Corporate Verizon Wireless | Biggby Coffee (Drive-Thru) | Lacey's Place

Listing Price: $2,789,000

Cap Rate
7.15%
Gross SF
7,035
Rentable SF
7,035
Price/Gross SF
$396.45
Lot Size
1.09 acres
Year Built
2009

Investment Highlights

  • 100 Percent Occupied Three-Tenant Center Anchored by Verizon Wireless (Corporate Guarantee) and Biggby Coffee (New 2024 Lease)
  • Verizon Wireless has been Operating at this Location since 2009 and Lacey's Place since 2017
  • Situated in a Retail Hub | Surrounded by National Retailers
  • Positioned Across the Street from The Shops at Fox River Shopping Center, which Attracts 2.7 Million Annual Visitors (Placeer.ai)
  • Frontage Along Richmond Road, which sees 23,400 Vehicles Per Day
  • 30,708 Residents and 27,046 Employees within a Three-Mile Radius | Avg HH Income of $119,939 within a Five-Mile Radius

Investment Overview

Diamond Plaza is a 100 percent occupied three-tenant retail center, anchored by Verizon Wireless and Biggby Coffee. The property is located within McHenry’s Route 31 regional retail corridor. Verizon Wireless has operated at the site since 2009 and is corporately guaranteed, while Biggby Coffee signed a new lease in 2024. Biggby Coffee is a fast-growing national brand with approximately 450 locations and was named USA Today’s #2 Best Coffee Chain in the Nation (2025). The center benefits from excellent visibility and hard corner, stoplight location along Richmond Road (23,400 vehicles per day). The property is in close proximity to the McHenry Metra Station, which services approximately 5.55 million annually. The property is situated within a dominant regional retail hub surrounded by national retailers including Walmart Supercenter, The Home Depot, Meijer, and more. Located in McHenry County, an investor will benefit from a more pro-business environment over neighboring Cook County. Diamond Plaza is supported by affluent demographics, with over 30,000 residents within three miles and an average household income of $119,939 within five miles.

Exclusively Listed By

Financing By

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