Starbucks

This property is listed by Scott Reid of ParaSell, Inc.

‍

ParaSell, Inc. | Costa Mesa, California | A Licensed Illinois Broker #478027307

‍

1. 15-Year Corporate Net Lease to Starbucks (NASDAQ: SBUX) with ~12 Years Remaining
   
   • Tenant Exercised their First Option Early, Showing their Commitment to this Location
   • 10% Scheduled Rental Escalations in Options
   • Limited Landlord Responsibilities
2. 2023 Construction Featuring a Drive-Thru Component & Outdoor Patio
   
   • Locations with Drive-Thru’s are the Most Profitable for Starbucks
3. Investment-Grade Tenant, Rated BBB+ by Standard & Poor’s
4. Starbucks is Ranked #127 in Fortune 500 with Revenue of $38 Billion & Net Income of $1.86 Billion (2025)
5. Prominent Retail Location Along N Lewis Ave at its Intersection with York House Rd
   
   • 29,700 Combined ADT
   • Prominent Monument Signage
6. Across from Target & Jewel-Osco Anchored Center (2M+ Annual Visits, per Placer.ai)
   
   • Surrounding Retailers include Ace Hardware, Dollar Tree, Taco Bell, Burger King, Pet Supplies Plus, T-Mobile, GNC & More
7. Within 2 Miles of Multiple Schools Totaling Nearly 1,700 Students, Driving Consistent Daily Traffic from Families and Teachers
8. Less than 1 Mile from Waukegan National Airport
   
   • 50,500 Aircraft Operations Annually & Total Economic Impact of $181.6 Million
9. 44 Miles from Downtown Chicago
   
   • Waukegan is Lake County’s Largest City
10. Chicagoland is the 3rd Largest MSA in the Country
    
    • Population of 9.6 Million & Gross Regional Product of $894.9 Billion

‍