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Drive Thru Starbucks Strip Center 1243-1249 Torrence Ave 9,014 SF 100% Leased Retail Building Calumet City, IL 60409 $6,152,535 CAD ($682.55 CAD/SF) 7.19% Cap Rate

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Investment Highlights

  • Located along an extremely busy Commercial Corridor!
  • Dense location with over 250,000 people in a 5 mile radius!
  • Drive Thru Starbucks with incredible co tenants Vitamin Shoppe, Game Stop and Verizon
  • Massive Developments underway in the immediate area including the River Oaks, Blues Water Run, and the new potential Stadium!

Executive Summary

Ally Commercial Real Estate in conjunction with CPP CRE is pleased to present the exclusive sale of Torrence Avenue Shops—a 100% occupied, trophy retail strip. Anchored by Starbucks (Drive-Thru), Verizon, Vitamin Shoppe, and GameStop, this center represents the gold standard of national-brand retail investment.
Strategically located at a signalized hard corner, the property commands massive traffic flow due to it’s proximity to the River Oaks Shopping center, which is regional economic driver in the southland of Chicago. The city is also proposing a $110 MM plan to update the center.
This stabilized investment delivers a secure NOI of $323,453 at a 7.19% CAP Rate.The site’s strength is also proven by its tenancy: Vitamin Shoppe recently extended its lease through 2030, and the Starbucks drive-thru provides a constant, recession-proof draw for the trade area.
Furthermore, the Vitamin Shoppe lease reverts to NNN in its option periods, maximizing long-term investor returns and minimizing expense leakage. All other tenants other than Vitamin Shoppe are on NNN leases making this property a premier turnkey opportunity for an investor seeking passive income in a thriving, high-growth corridor.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,014 SF
Building Class
B
Year Built
2003
Price
$6,152,535 CAD
Price Per SF
$682.55 CAD
Cap Rate
7.19%
NOI
$442,235 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.76 AC
Parking
49 Spaces (5.44 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Jan 0000

GameStop is a specialty retailer of video games, consumer electronics, and pop culture merchandise. The company traces its origins to 1984 when it was founded as Babbage’s in Dallas, later adopting the GameStop name in 1999. It operates through physical stores and e-commerce platforms under brands such as GameStop, EB Games, and Micromania-Zing. GameStop sells new and pre-owned gaming hardware, software, accessories, and collectibles, along with digital downloads and in-game currency. GameStop maintains thousands of locations globally and has undergone significant restructuring to adapt to digital trends.

  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Jan 0000

Starbucks is a publicly traded coffeehouse and beverage company focused on the sourcing, roasting, and retailing of coffee and related products. Founded in 1971 in Seattle, Washington, the company began as a retailer of whole bean coffee and coffee equipment before evolving into a café-based model in the late 1980s. Starbucks operates company-owned and licensed locations across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, supported by regional offices and corporate functions. The company’s operations include retail stores, roasting facilities, and supply chain infrastructure that supports both in-store and packaged goods channels. Starbucks has expanded its portfolio over time to include tea-based beverages, food offerings, and ready-to-drink products distributed through grocery and foodservice partners. The company has also developed premium concepts, including Starbucks Reserve, which emphasizes small-batch coffee and experiential retail formats. Starbucks is listed on the Nasdaq under the ticker symbol SBUX. Its corporate headquarters, known as the Starbucks Center, is located in Seattle and houses executive leadership, global operations, and administrative functions.

  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • -
  • Jan 0000

Culture of Good is a privately held consulting organization founded in 2013 that specializes in helping businesses align purpose with performance through culture and leadership strategies. Headquartered in Fishers, Indiana, the company provides services such as leadership training, culture champion certification, and community impact programs. Its approach emphasizes employee engagement and organizational clarity, aiming to integrate social responsibility into business operations. Culture of Good works with companies across industries to embed values-driven practices that foster sustainable growth and positive community impact.

  • Retailer
  • 99,999 SF
  • -
  • Jan 0000

Founded in 1977, The Vitamin Shoppe is a privately held specialty retailer headquartered in Secaucus, New Jersey. The company offers a wide range of nutritional products including vitamins, minerals, sports nutrition, herbs, and natural beauty items. It operates through both physical retail stores and a robust e-commerce platform. The Vitamin Shoppe was acquired by Kingswood Capital Management and Performance Investment Partners in May 2025. As of 2025, the company maintains over 670 store locations across the United States. The Vitamin Shoppe is known for its proprietary brands such as BodyTech, plnt, and Vthrive, and emphasizes rigorous quality assurance across its product lines.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer 99,999 SF - Jan 0000
Accommodation and Food Services 99,999 SF - Jan 0000
Professional, Scientific, and Technical Services 99,999 SF - Jan 0000
Retailer 99,999 SF - Jan 0000

Nearby Major Retailers

Buffalo Wild Wings
Bank of America
US Bank ATM
Denny's
Chase Bank
Citi
Toyota
Olive Garden
Chili's Grill & Bar
Fifth Third Bank

Property Taxes

Property Taxes

Parcel Number
30-19-100-099-0000
Land Assessment
$34,044 CAD
Improvements Assessment
$109,080 CAD
Total Assessment
$143,124 CAD
  • Listing ID: 39645367

  • Date on Market: 2026-03-03

  • Last Updated:

  • Address: 1243-1249 Torrence Ave, Calumet City, IL 60409

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