Two-Tenant NNN Strip | Rosemont, IL | Chicago MSA
Two NNN Restaurant Tenants | O'Hare Int'l Airport | 7.00% Cap
Marketing description
We are pleased to present our latest retail investment opportunity, a newly constructed trophy retail asset fully occupied by Big Chicken and Stan's Donuts in Rosemont, IL, just minutes from O'Hare International Airport.
The property features long-term NNN leases with approximately 7.6 years of weighted average lease term remaining, providing investors with stable in-place cash flow from two established restaurant concepts.
Located along Higgins Road, the asset benefits from strong visibility, daily traffic, and immediate proximity to I-90, I190, and I-294, providing direct access to O'Hare, downtown Chicago, and the broader Chicago MSA. The surrounding area is one of the region's most active commercial corridors, supported by a significant daytime population, nearby hotels, office users, entertainment venues, convention demand and major employers.
- Address: 9433-9437 W Higgins Rd, Rosemont, IL 60018
- Tenancy: Big Chicken & Stan's Donuts (100% leased)
- WALT: 7.6 Years
- Lease Types: NNN
- Building Size: 4,520 SF
- 3-Mile Demos: 113,970 People | $165,000 AHHI
Investment highlights
Newly Constructed Trophy Retail Asset With 100% Occupancy
Completed in 2022, the Property consists of a newly developed ±4,520-square-foot multi-tenant retail building situated on approximately 0.90 acres. The asset is currently 100% occupied by two established restaurant concepts, providing investors with immediate in-place cash flow and limited near-term capital expenditure requirements.
Long-Term Net-Leased Income Stream With 7.6-Year Walt
The Property is leased to Big Chicken and Stan’s Donuts under long-term lease agreements with approximately 8.5 and 6.7 years of remaining term, respectively, resulting in a weighted average lease term (WALT) of approximately 7.6 years. Both tenants have multiple renewal options, providing additional income durability and long-term occupancy potential.
Complementary Tenant Mix Anchored By Recognized Consumer Brands — The asset features a synergistic tenant lineup consisting of Big Chicken, the rapidly expanding fast-casual concept founded by Shaquille O’Neal, and Stan’s Donuts, a well-established Chicago-area bakery and coffee brand with strong regional recognition. The combination of breakfast, coffee, lunch, and dinner traffic drivers supports consistent consumer visitation throughout the day.
Affluent Demographics And Strong Chicago MSA Fundamentals
The property serves a dense and affluent trade area with average household incomes exceeding $164,000 within a three-mile radius. Located within the Chicago metropolitan area, one of the nation’s largest and most diversified economic centers, the asset benefits from a substantial consumer base, significant tourism activity, and long-term economic drivers that support retail demand.
Strategically Positioned Adjacent To O’Hare International Airport
The property benefits from a highly visible location along Higgins Road, which experiences approximately 24,400 vehicles per day, and is situated within the Rosemont/O’Hare submarket. The surrounding area is home to major hotels, office users, entertainment destinations, and transportation infrastructure that generate substantial daily traffic from business travelers, commuters, and tourists.
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