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Arby's 7220 191st St 2,650 SF Retail Building Tinley Park, IL 60487 $3,666,845 CAD ($1,383.71 CAD/SF) 6.05% Cap Rate
Executive Summary
No Landlord Responsibilities: Abs. NNN lease providing completely passive ownership.
Immediate Interstate Access: The site benefits from its close proximity to the I-80 interchange (131,000 VPD), providing seamless regional connectivity and drawing in transient highway traffic in addition to the local commuter base.
Power Center Outparcel: Arby’s is an outparcel to Brookside Marketplace, a 601,850 SF Target anchored power center featuring a diverse national tenant lineup, including Kohl’s, HomeGoods, Dick’s Sporting Goods, Ulta, Panera, Best Buy, Ross, and T.J. Maxx.
New Neighboring Developments: Brookside Creek, a 72-acre mixed use project, recently broke ground and will be anchored by an AutoNation car dealership and a grocery store. There will be numerous pad sites, including a c-store, McDonalds, car wash, and others.
Drive-Thru Equipped: The building features a dedicated drive-thru lane, which is the single most critical asset feature for modern QSRs to maximize transaction volume and operational efficiency.
Immediate Interstate Access: The site benefits from its close proximity to the I-80 interchange (131,000 VPD), providing seamless regional connectivity and drawing in transient highway traffic in addition to the local commuter base.
Power Center Outparcel: Arby’s is an outparcel to Brookside Marketplace, a 601,850 SF Target anchored power center featuring a diverse national tenant lineup, including Kohl’s, HomeGoods, Dick’s Sporting Goods, Ulta, Panera, Best Buy, Ross, and T.J. Maxx.
New Neighboring Developments: Brookside Creek, a 72-acre mixed use project, recently broke ground and will be anchored by an AutoNation car dealership and a grocery store. There will be numerous pad sites, including a c-store, McDonalds, car wash, and others.
Drive-Thru Equipped: The building features a dedicated drive-thru lane, which is the single most critical asset feature for modern QSRs to maximize transaction volume and operational efficiency.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,650 SF
Building Class
C
Year Built
2007
Price
$3,666,845 CAD
Price Per SF
$1,383.71 CAD
Cap Rate
6.05%
NOI
$221,844 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.83 AC
Parking
30 Spaces (11.32 Spaces per 1,000 SF Leased)
Frontage
43’ on W 191st St
Amenities
- Signage
- Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-09-01-401-019 | Improvements Assessment | $192,536 CAD |
| Land Assessment | $205,840 CAD | Total Assessment | $398,376 CAD |
Property Taxes
Parcel Number
19-09-01-401-019
Land Assessment
$205,840 CAD
Improvements Assessment
$192,536 CAD
Total Assessment
$398,376 CAD
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Arby's | 7220 191st St
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