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Bank of America - Chicago, IL
250 West 83rd Street, Chicago, IL, 60620, US
€3,182,000 | 372 m²
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee-simple interest in a 2,225 square foot freestanding, new construction single-tenant Starbucks located at 115 W Boughton Road in Bolingbrook, IL (“Property” or “Asset”).
The Asset is 100% leased to Starbucks Corporation (“Starbucks” or “Tenant”) with a brand new, rare 15.0-year primary lease term with various rent escalations and three, five-year renewal options. The Property opened in May 2024 as a build-to-suit for the tenant. The Property serves as a relief location for a nearby, overpopulated Starbucks.
Located 30 miles southwest of downtown Chicago, the Property sits at the busiest intersection in Bolingbrook on the signalized corner of W Boughton Road and Route 53, with high traffic counts of 66,000+ vehicles per day. The area is highly affluent with average household incomes of nearly $144,000 and more than 205,000 residents within a five-mile radius.