Starbucks NNN Ground Lease | Hoffman Estates (Chicago MSA)

Lee & Associates, in conjunction with Bang Realty - Illinois, Inc., is pleased to offer a premier fee-simple, single-tenant Starbucks ground lease for sale. Located at 2925 Barrington Road in Hoffman Estates, Illinois, this investment-grade retail asset is situated in a high-growth corridor within the affluent Chicago Metropolitan Area.

Investment Highlights

• Credit Tenant Security: 100% leased to Starbucks Corporation (NASDAQ: SBUX), an S&P: BBB+ rated tenant.

• Passive Income Stream: A true NNN ground lease where the tenant is responsible for 100% of base rent and all operating expenses, including taxes, insurance, and capital repairs.

• New 2024 Construction: A modern 2,225 SF freestanding building with a drive-thru, situated on a massive 1.34-acre parcel.

• Fee Simple Ownership: Provides the owner with significant land value and potential depreciation benefits.

Prime Chicago MSA Location & Demographics

Strategically positioned in a dense, affluent northwest suburb of Chicago, the property features:

• Superior Connectivity: Immediate proximity to the I-90 full interchange (174,000 VPD), offering a 20-minute drive to O’Hare International Airport and 35 minutes to Downtown Chicago.

• Extreme Affluence: Boasts an elite average household income of $319,000 within a one-mile radius.

• Corporate Synergy: Directly neighboring Microsoft Technology Park and Claire’s Global Headquarters, tapping into a workforce of over 3 million people within a 60-minute commute.

• Strong Daytime Population: Over 50,000 residents within 3 miles, ensuring long-term intrinsic real estate value.

Asset Durability

While the site is currently dark, the Starbucks corporate guarantee ensures continued rent payment and full property maintenance. This represents a "bond-wrapped" real estate play for 1031 exchange investors looking for a secure, trophy-location asset with high residual value in a top-tier US market.