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Drive Thru Starbucks Strip Center 1243-1249 Torrence Ave 9,014 SF 100% Leased Retail Building Calumet City, IL 60409 $5,817,882 CAD ($645.43 CAD/SF) 7.67% Cap Rate
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
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 $322,238 at a 7.67% 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
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
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99,999 SF
- -
-
Jan 0000
GameStop began as Babbage's in Dallas in 1984 and later adopted its current name in 1999. The company focuses on retail gaming and trade-in services for games, systems, consoles, cards, and accessories. The company's merchandising also includes collectibles, apparel, toys, and gaming-related trading card offerings, including the Power Packs digital trading card platform. GameStop maintains a notable retail presence in the United States, Australia, and Europe through multiple brands and online storefronts.
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- Accommodation and Food Services
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99,999 SF
- -
-
Jan 0000
Starbucks began in 1971 in Seattle's Pike Place Market as a roaster and retailer of whole bean coffee, tea, and spices, and the business later developed into a coffeehouse brand centered on handcrafted beverages and customer connection. Starbucks operates a large network of company-operated and licensed coffeehouses and has a growing presence in consumer-packaged goods, extending the brand beyond cafés into at-home coffee products. The company's menu and format strategy includes coffeehouse and menu innovation, along with food offerings that span bakery items, snacks, and other daypart products. Starbucks focuses on specialty coffee, beverage service, and branded consumer products across its retail and packaged-goods business.
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- Professional, Scientific, and Technical Services
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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.
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- Retailer
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99,999 SF
- -
-
Jan 0000
The Vitamin Shoppe began in 1977 as a health and nutrition retailer and has grown into an omnichannel specialty business focused on wellness products and guidance. The company offers vitamins, supplements, sports nutrition, healthy weight support, natural beauty products, herbs, superfoods, aromatherapy, and on-the-go foods and beverages through stores, digital channels, and its owned brands. Its assortment includes proprietary labels such as BodyTech, plnt, ProBioCare, True Athlete, and The Vitamin Shoppe brand, alongside national brands. The business also connects its retail model with rewards, coaching, and community wellness efforts as part of its broader market presence.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | 99,999 SF | - | Jan 0000 | ||
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Accommodation and Food Services | 99,999 SF | - | Jan 0000 | ||
|
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Professional, Scientific, and Technical Services | 99,999 SF | - | Jan 0000 | ||
|
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Retailer | 99,999 SF | - | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-19-100-099-0000 | Improvements Assessment | $110,515 CAD |
| Land Assessment | $34,492 CAD | Total Assessment | $145,007 CAD |
Property Taxes
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Drive Thru Starbucks Strip Center | 1243-1249 Torrence Ave
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