Corporate 7-Eleven w/ Gas - Bonus Depreciation… — Sale in Downers Grove, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Downers Grove, IL 60516

Photos

Corporate 7-Eleven w/ Gas - Bonus Depreciation… — Sale in Downers Grove, IL, photo 1 of 4
Corporate 7-Eleven w/ Gas - Bonus Depreciation… — Sale in Downers Grove, IL, photo 2 of 4
Corporate 7-Eleven w/ Gas - Bonus Depreciation… — Sale in Downers Grove, IL, photo 3 of 4
Corporate 7-Eleven w/ Gas - Bonus Depreciation… — Sale in Downers Grove, IL, photo 4 of 4

Investment Figures

Cap rate
5.00%

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 7-ELEVEN LEASE NNN STRUCTURE 9.6 Years Remaining On A Corporate- Guaranteed NNN Lease Backed By 7-Eleven, Inc.; Tenant Handles Taxes, Insurance And Operating Expenses While Landlord Retains Structure & Foundation ?7.5% RENT BUMPS EVERY 5 YEARS CONTRACTUAL NOI GROWTH Current Annual Rent Of $214,463 Steps To $230,548 In 2031; Three 5-Year Options Extend Potential Lease Control Through January 2051 With Continued 7.5% Increases Every Five Years? 2020 CONSTRUCTION MODERN FUEL & CONVENIENCE STORE ASSET 3,010-SF Building On A 0.65-Acre / 28,345- SF Parcel; The Store Operates 24/7 With Fuel, Diesel, Mobile Checkout, Amazon Locker, ATM, Lottery And Other Convenience-Oriented Features ?SIGNALIZED HARD CORNER 38,300 TOTAL VPD Positioned At The Signalized Hard-Corner Intersection Of 63rd Street And Main Street With Reported Combined Traffic Of Approximately 50,500 Vehicles Per Day; Nearby National Retail Includes Jewel Osco, CVS, Ace Hardware, Chase Bank And Dairy Queen ?AFFLUENT, DENSE SUBURBAN TRADE AREA 2025 Demographics Show 246,428 Residents Within Five Miles, 182,395 Daytime Population And $136,556 Average Household Income; One-Mile Average Household Income Exceeds $153,000 ?CHICAGO MSA SCALE 9.4M+ POPULATION AND $886B ECONOMY The Asset Sits Within The Chicago-Naperville-Elgin MSA, A 9.4M+ Population Market Anchored By An $886B Regional Economy, Nearly 5M-Person Labor Force And Diverse Industry Base With No Single Lease Type NNN Sector Exceeding 13% Of GDP Investment Highlights: • Corporate 7-Eleven Lease | NNN Structure • 7.5% Rent Bumps Every 5 Years | Contractual NOI Growth • 2020 Construction | Modern Fuel & Convenience Store Asset • Signalized Hard Corner | 38,300 Total VPD • Affluent, Dense Suburban Trade Area • Chicago MSA Scale | 9.4M+ Population And $886B Economy

Market Context

This retail in Downers Grove, IL is listed for sale. It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Downers Grove, 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 5.0% 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).

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