Dutch Bros - Buffalo Grove, IL_Property for Sale
Dutch Bros - Buffalo Grove, IL_Property for Sale
80 McHenry Road, Buffalo Grove, IL, 60089, US

Dutch Bros - Buffalo Grove, IL

Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the newly constructed, single-tenant Dutch Bros located at 80 McHenry Road, Buffalo Grove, IL (“Property” or “Asset”). The Property is occupied by Boersma Bros (“Tenant” or “Dutch Bros”) and is operating on a 15.0-year absolute NNN ground lease with 10% rent increases every 5 years, four, five-year options and zero landlord responsibilities.


Situated approximately 25 miles northwest of downtown Chicago is Buffalo Grove which is one of the most desired places to live in the country. In 2026, U.S. News & World Report ranked Buffalo Grove as the 15th best place to live in the nation and the #1 best place to live in Illinois. Most Buffalo Grove residents benefit from Lake County’s lower property taxes in comparison to the neighboring Cook County while still enjoying the perks of downtown Chicago which is a 45-minute commute via interstate or Metra rail. O’Hare International Airport can also be reached within a 20-minute drive, which served over 84million annual passengers.


The Property is located on McHenry Rd, which sees ±16,000 VPD and provides connectivity to the Chicago suburbs, Interstate294 and O’Hare Airport. Additionally, within a 5-mile radius, the Property benefits from strong demographics, with a 2026population of ±233,000 and average household incomes of ±$165,000.


Additionally, the Property is located next to the Clove mixed-use development which will bring in 290 new units, 78,000 square feet of retail space and a main venue space. Along side the recent delivery of The 250, a mid-rise apartment complex, which sees another 297 housing units and 10,000 square feet of retail space. Finally, directly adjacent to the Property is a site that will be occupied by Whole Foods commencing in 2027.

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Attributes

Asking price
MYR 14,663,000
Cap rate
5.5%
NOI
MYR 807,000
Remaining lease term
14.9 years
Lease type
Net lease (N/NN/NNN)
Building area net
279 m²
Year built
2026

Media

Investment Highlights

  1. Absolute NNN Ground Lease: Zero landlord responsibilities
  2. 15-Year Initial Lease Term: Long-term tenant commitment providing income stability
  3. Four 5-Year Options: Potential for up to 35 years of total lease term
  4. 10% Rent Escalations: Built-in rent increases every 5 years
  5. Fastest-Growing QSR Brand: Dutch Bros is one of the fastest-growing quick service beverage brands
  6. Whole Foods Outparcel: Adjacent to Whole Foods commencing operations in 2027
  7. $165K Average Household Income: Strong affluent demographics within 5-mile radius
  8. 233K Population: Substantial 2026 population within 5-mile radius
  9. 45,400 Combined VPD: High traffic volume at adjacent intersection
  10. $150M Mixed-Use Development: Adjacent to The Clove development bringing additional density and retail
Dutch Bros - Buffalo Grove, IL 4_Property for Sale
Dutch Bros - Buffalo Grove, IL 4_Property for Sale

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Last updated Aug 19, 2026