Corporate 7-Eleven w/ Gas - Bonus Depreciation… — Sale in Mount Prospect, IL

Price: Contact for price
Listing type: For sale
Asset type: Retail Business
Location: Mount Prospect, IL 60056

Photos

Corporate 7-Eleven w/ Gas - Bonus Depreciation… — Sale in Mount Prospect, IL, photo 1 of 4

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Corporate 7-Eleven w/ Gas - Bonus Depreciation… — Sale in Mount Prospect, IL, photo 4 of 4

Investment Figures

Cap rate: 5.15%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

CORPORATE-GUARANTEED 7-ELEVEN LEASE 8.5 YEARS REMAINING Corporate 7-Eleven Guaranty With Lease Term Through December 31, 2034; Current NOI Of $198,338.04 And Three, 5-Year Renewal Options Remain ?NNN LEASE STRUCTURE LIMITED LANDLORD RESPONSIBILITY Tenant Pays Operating Expenses Under A Triple- Net Lease Structure; Landlord Responsibility Is Limited To Structure And Foundation? 7.5% RENT INCREASES EVERY 5 YEARS Contractual Escalations Increase Rent To $213,213 In 2030 And Up To $264,873.96 In The Final Option Period, Representing Approximately 34% Growth From Current Rent If All Options Are Exercised 24/7 FUEL & CONVENIENCE STORE RAND ROAD CORRIDOR Freestanding 3,245 SF 7-Eleven On A 0.76-Acre / 34,000 SF Parcel; Official Store Profile Lists The Location As Open 24/7 With Fuel And Diesel Service ?DENSE INFILL CHICAGO SUBURBAN TRADE AREA 332K+ RESIDENTS WITHIN 5 MILES Mount Prospect Reported A 2024 Population Of 55,472, While The Subject Site Benefits From 332,668 Residents And 194,199 Daytime Population Within A 5-Mile Radius? RANDHURST RETAIL NODE COSTCO, AMC, HOME DEPOT & JEWEL-OSCO Located Along Mount Prospect’s Established Rand Road Retail Corridor Near Randhurst Village, A Major Shopping Destination Anchored By Costco, AMC Theatres, Home Depot, Jewel-Osco, PetSmart And TJ Maxx Investment Highlights: • Corporate-Guaranteed 7-Eleven Lease | 8.5 Years Remaining • NNN Lease Structure | Limited Landlord Responsibility • 7.5% Rent Increases Every 5 Years • 24/7 Fuel & Convenience Store | Rand Road Corridor • Dense Infill Chicago Suburban Trade Area | 332K+ Residents Within 5 Miles • Randhurst Retail Node | Costco, AMC, Home Depot & Jewel-Osco

Market Context

This retail in Mount Prospect, IL is listed for sale. It is offered at an approximate 5.2% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Mount Prospect, IL — view the full market.

As of Q4 2025, the Chicago retail market showed a 5.1% vacancy rate, average asking rents near $19.00/SF/yr, rents up 2.4% year over year, and cap rates around 7.9%. Source: multiple brokerage reports, Q4 2025.

Its 5.2% asking cap rate is below the Chicago retail market average of about 7.9%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Chicago?: About 7.9% as of Q4 2025, per multiple brokerage reports.
Is the Chicago retail market tightening or softening?: Vacancy is around 5.1%, with asking rents rising year over year (Q4 2025).

Estimated Price per SF

$56.15/SF – $408.36/SF

Mid: $170.15/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.