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34445670
34445669

405 ROOSEVELT RD, GLEN ELLYN, IL 60137 For Sale

BD
IL 475139166
Northmarq Capital, LLC
Northmarq - Chicago
Listed by Northmarq Capital, LLC, Northmarq - Chicago
$3,499,000
1 day on market
Updated 1 day ago

Starbucks - Premier DuPage County Location

Details
APN 0523100029
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,458
Units 1
Cap Rate 5.62%
NOI $196,640
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks
Lease Type NNN
Lease Term 15
Lease Expiration 07/31/2041
Remaining Term 15.1
Rent Bumps Yes
Lease Options 3, 5-Year Options
Broker Co-Op True
Year Built 2026
Acreage 0.840
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 07/14/2026
Ground Lease No

RARE 15-YR LEASE | INVESTMENT GRADE CREDIT | BRAND-NEW 2026 CONSTRUCTION | FEE SIMPLE (DEPRECIABLE)

Marketing description

STARBUCKS – EXCEPTIONAL CREDIT STRENGTH

Starbucks is the largest coffee chain in the world and the second largest restaurant chain in the world across all sectors. One of the most recognizable companies globally, BrandFinance ranks Starbucks as the #2 most valuable restaurant brand worldwide. Starbucks does $38+ billion in annual revenue (21% growth since 2021), operates 41,000+ locations worldwide & 17,000+ in the U.S., and boasts an investment-grade credit rating from S&P (BBB+).

RELOCATION FACILITY – PROMPTED BY INCREDIBLE UNIT-LEVEL PERFORMANCE

Starbucks currently operates a site 0.2 miles from the Subject Property. Given the high customer volume they see locally, that drive-thru line regularly overflows onto Roosevelt Road (a major commuter thoroughfare) causing traffic buildup and issues with the city. As such, they are relocating to the Subject Property which can handle a longer drive-thru and is built to handle up to 16 cars at once, allowing Starbucks to manage the tremendous customer traffic they see in this market. Simply put, Starbucks has too much customer volume in the local market and built the Subject Property to better accommodate it.

RARE 15-YEAR NNN LEASE – AVAILABLE ON LESS THAN 5.00% OF STARBUCKS ASSETS NATIONALLY

Considering Starbucks’ historic proven performance in the local market, they were able to sign a rare 15-year lease at the Subject Property. Generally, Starbucks will only agree to 10-year lease terms and will only execute longer 15-year leases at sites that they know will be successful. As such, 15-year leases are available on less than 5.00% of Starbucks assets nationally.

BRAND-NEW 2026 CONSTRUCTION – BUILT TO ACCOMMODATE HIGH CUSTOMER VOLUME

The site represents brand-new class A construction with concrete drive lanes for added longevity. Given Starbucks’ proven performance in this market, this Property was purpose built to handle high customer volume with a longer drive-thru that can accommodate up to 16 cars at once, and dual ingress/egress from the front and back of the lot. The Property is open for business as of July 14th, 2026.

LOCATION, LOCATION, LOCATION – RARELY AVAILABLE ACQUISITION OPPORTUNITY IN ONE OF THE NATION’S TOP SUBURBAN MARKETS

Located in DuPage County, ±23 miles West of Downtown Chicago, the Property is positioned at the center of one of the most in-demand, high-income, and most prestigious suburban markets anywhere in the United States. The Property is in the Village of Glen Ellyn surrounded by high-income communities such as Hinsdale, Clarendon Hills, Oak Brook, Western Springs, Downers Grove, Elmhurst, Burr Ridge, Wheaton, and more. This area is consistently ranked one of the top places to live anywhere in the U.S. and boasts some of the top ranked school districts in the country.

A+ SUBMARKET POSITIONING WITH DIRECT FRONTAGE ON ROOSEVELT ROAD

Roosevelt Road is the busiest commercial corridor in Glen Ellyn with over 44,200 vehicles driving by the Subject Property daily. Starbucks benefits from direct ingress/egress onto Roosevelt as well as exceptional visibility, plus rear access via Taft Avenue. This is true A+ submarket positioning within an A+ market.

STRATEGICALLY POSITIONED TO CAPTURE “MORNING COFFEE” COMMUTER TRAFFIC

Starbucks is located on the South Side of Roosevelt Road, just to the west of Highway 53 and I-355 access. Roosevelt Road is the main commuter corridor that the surrounding dense, affluent residential rooftops take to access 53 & I-355 while commuting to work. Starbucks’ strategic positioning allows these commuters to make an easy right-hand turn into, and out of, Starbucks on their way to I-355 for their morning commute.

PREMIER HIGH-INCOME DEMOGRAPHICS

$161,660+ average household income within 3 miles of the Subject Property (nearly 2x the average household income in the U.S.), and a population of nearly 1 million residing within a 10-mile radius of the Property.

DUPAGE COUNTY TAX ADVANTAGES

DuPage County offers material tax benefits and a more business friendly environment compared to neighboring Cook County, while still offering proximity to Downtown Chicago (±23 miles), airports, highways, and the region’s impressive infrastructure.

Investment highlights

Northmarq, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale the fee-simple interest in the singletenant Starbucks asset located at 405 Roosevelt Road in Glen Ellyn, Illinois. The Property is 100% leased to Starbucks, the largest coffee chain in the world with 41,000 locations globally, $38+ billion annual revenue, and an investment-grade credit rating (S&P: BBB+). Starbucks is operating under a rarely available 15-year NNN lease with 10.00% rental increases every 5 years. The building is brand-new 2026 construction and is newly open for business. The Property is a relocation store for Starbucks, as their current location (0.2 miles away) cannot physically handle the high customer volume that Starbucks sees in Glen Ellyn. Their existing store’s drive-thru line regularly backs up onto Roosevelt Road, leading to traffic slowdowns and causing issues with the city. As such, the Subject Property was purpose built to handle this high customer volume, with a longer drive-thru lane that can accommodate the tremendous amount of business Starbucks does locally and concrete construction for added longevity. Starbucks’ historic performance in this submarket allowed them to agree to a rare 15-year lease at the Subject Property, available on less than 5% of Starbucks assets nationally. The Property offers frontage and direct ingress/egress on Roosevelt Road (44,200+ VPD), the main commercial corridor in Glen Ellyn, IL and a major commuter thoroughfare with immediate access to I-355 and Highway 53 to the east. Starbucks’ location on the South side of Roosevelt allows easy “right turn in & right turn out” for commuters on their way east to I-355 in the mornings. Glen Ellyn is one of the premier suburbs located within DuPage County. DuPage is one of Chicagoland’s most desirable regions, home to 930,000 residents and many of Chicago’s wealthiest suburbs, top ranked school districts nationally, and located outside of Cook County for major tax benefits – yet still just ±23 miles from Downtown Chicago and part of the third-largest MSA in the United States.

Listing Contacts

BD
IL 475139166
Northmarq Capital, LLC
Northmarq - Chicago
Listed by Northmarq Capital, LLC, Northmarq - Chicago

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$196,640.00
$16,386.67/mo

Valuation Metrics

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DSCR
5.62%
Cap Rate
5.62%
ROI

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