2392 Wolf RdDes Plaines, IL 60018

This exceptional investment opportunity presents a 6,865 square foot 7-Eleven convenience store and gas station, built in 2021, situated on a 3.5-acre lot in Des Plaines, Illinois. The property boasts a strong 5.00% cap rate, with a Net Lease structure providing a stable income stream. The current lease, with a corporate guarantee from 7-Eleven (S&P rated A), has 11.5 years remaining, featuring 7.5% rent bumps every five years and four 5-year renewal options, extending the lease to 2036. The property's prime location directly off Interstate 90, near O'Hare International Airport and major expressways, ensures high visibility and significant traffic. The $10,500,000 asking price translates to $1,529.50 per square foot, reflecting the property's exceptional value and potential for long-term growth within the Chicago MSA's 9.4+ million population. The annual net operating income (NOI) is $525,000. This is a turnkey investment with minimal management requirements, offering a secure and lucrative return for discerning investors. The property's strategic location, coupled with the strength of the 7-Eleven brand and the favorable lease terms, makes this an unparalleled opportunity in the Chicago metropolitan area.