Kyuramen & Tang Express NNN Property For Sale — Vernon Hills, IL · 5,321 SF
Vernon Hills, IL 60061
Brand-new 2023 construction multi-tenant retail property located at 545 Lakeview Parkway in Vernon Hills, Illinois. The 5,321 SF freestanding building sits on a 1.6-acre lot and is 100% occupied by Kyuramen (3,521 SF), an established international Japanese ramen franchise with over 126 locations worldwide, and Tang Express (1,800 SF), a Chinese fast-food concept equipped with a dedicated drive-thru window. The property benefits from strong demographics with average household incomes exceeding $168,000 within a 2-mile radius and high traffic counts along IL-21 and IL-60 in a dense retail, hotel, and residential corridor.
- Address: Vernon Hills, IL 60061
- Asking price $2.50M
- 7.00% cap rate
- NOI $175,593
- 5 years remaining
- NNN lease
- Year built: 2023
- Building size: 5,321 SF
- Lot size: 1.60 acres
- Guarantor: Corporate
Location
This Kyuramen & Tang Express property is in Vernon Hills, Illinois.
Asset type: QSR / Multi-Tenant Retail