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Brand New 7 Brew Drive Thru Coffee | Palatine 1570 N Rand Rd 515 SF Retail Building Palatine, IL 60074 $2,416,529 CAD ($4,692.29 CAD/SF) 5.75% Cap Rate
Investment Highlights
- BRAND NEW 2026 CONSTRUCTION: Newly constructed with large double drive thru, designed for maximum accessibility, and high-volume throughput
- STRONG BRAND MOMENTUM: 7 Brew is a rapidly expanding national brand with 700+ locations and significant pipeline growth across the U.S.
- PRIME RETAIL CORRIDOR: Strategically located, well positioned near major destination retailers, such as Walmart, Target, and Home Depot
- BRAND NEW 15-YEAR ABSOLUTE NNN GROUND LEASE: zero landlord responsibilities for completely passive ownership
- EXPERIENCED MULTI-UNIT OPERATOR: Operated by seasoned franchisee with 35+ locations and proven execution within the 7 Brew system
- STRONG DEMOGRAPHICS & TRADE AREA: Affluent northwest Chicago suburb with dense population, over 244,000 people living within 5 miles
Executive Summary
This opportunity features a brand-new 2026-built 7 Brew Drive-Thru Coffee secured by a new 15-year absolute NNN ground lease, offering investors truly passive ownership with zero landlord responsibilities. The property benefits from 7 Brew's rapidly expanding national footprint of 700+ locations, a seasoned multi-unit franchisee operating 35+ stores within the system, and a high-volume double drive-thru design tailored to today's convenience-driven consumer. Strategically positioned along a premier retail corridor in an affluent northwest Chicago suburb, the site draws from a population of more than 244,000 residents within five miles and is surrounded by leading national retailers including Walmart, Target, and Home Depot, supporting strong long-term traffic and investment fundamentals.
Illinois Broker of Record: Steven Weinstock
One Mid America Plaza, Ste. 200
Oakbrook Terrace, IL 60181
P: (630) 570-2200
Steven.Weinstock@MarcusMillichap.com
Lic #: 471.011175
Illinois Broker of Record: Steven Weinstock
One Mid America Plaza, Ste. 200
Oakbrook Terrace, IL 60181
P: (630) 570-2200
Steven.Weinstock@MarcusMillichap.com
Lic #: 471.011175
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
515 SF
Building Class
B
Year Built
2026
Price
$2,416,529 CAD
Price Per SF
$4,692.29 CAD
Cap Rate
5.75%
NOI
$138,954 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
0.92 AC
Amenities
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- 7 Brew
- Retailer
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| 7 Brew | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 6
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Brand New 7 Brew Drive Thru Coffee | Palatine | 1570 N Rand Rd
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