500 Rollins RdRound Lake Beach, IL 60073

For Sale
$2,596,000
Added:
Dec 11, 2024
Days on market:
93

Highlights

  • Fee simple ownership of a corporate-signed Buffalo Wild Wings NNN property in Round Lake Beach, IL (Chicago MSA). The tenant recently exercised a 5-year option with a 15% rent increase to $181,700 ($18.17 PSF), significantly below market rate.
  • Triple-net lease with minimal landlord responsibilities; corporate guarantee. One 5-year option remains (2029) with a projected 15% rent increase.
  • Excellent location within Rollins Crossings shopping center (1.6M+ annual visitors), adjacent to a high-performing Meijer and the second-best performing LA Fitness in Illinois. Strong national/credit tenant synergy in the immediate area.
  • High visibility and accessibility on W. Rollins Road, with proximity to State Highway 83.
  • Strong demographics within a 5-mile radius, including over 147,000 residents and an average household income exceeding $125,000.

Property Details for 500 Rollins Rd

Property type
Other retail properties, Restaurants
Square Feet
10,000 SF
Year Built
1995
Lot Size (sq. ft)
44,431 SF

Location Insight

City
Round Lake Beach
County
Lake
State
Illinois
Latitude
42.3795292
Longitude
-88.0703532
500 Rollins Rd, Round Lake Beach, Illinois

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500 Rollins Rd
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