268 McHenry Road

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268 McHenry Road

Buffalo Grove, IL 60089
Asking Price
$2.56M
Cap Rate
4.5%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Whole Foods Anchored Center | Abs NNN Ground Lease | #1 Suburb of Chicago | Low $115K Rent <p><strong style="color: rgba(7, 70, 94, 1)">WITHIN MAJOR REDEVELOPMENT CENTER </strong></p><ul><li>​<span style="color: rgba(0, 0, 0, 1)">The asset is located within the Clove, a $150 million mixed-use redevelopment featuring a 290-unit apartment complex</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">A new </span><span style="color: rgba(0, 146, 66, 1)">Whole Foods </span><span style="color: rgba(0, 0, 0, 1)">will open in the center in 2027 </span></li><li>​<span style="color: rgba(0, 0,

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NOI
$80,000
Cap Rate
3.13%
DSCR
0.53
Underwater
Cash-on-Cash
-9.37%
Monthly Payment
$12,665.483
Annual Cash Flow
$-71,985.799

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