Big Chicken & Stan’s Donuts

• Newly Constructed Trophy Retail Asset With 100% Occupancy — Completed in 2022, the Property consists of a newly developed ±4,520-square-foot multi-tenant retail building situated on approximately 0.90 acres. The asset is currently 100% occupied by two established restaurant concepts, providing investors with immediate in-place cash flow and limited near-term capital expenditure requirements.
• Long-Term Net-Leased Income Stream With 7.6-Year Walt — The Property is leased to Big Chicken and Stan’s Donuts under long-term lease agreements with approximately 8.5 and 6.7 years of remaining term, respectively, resulting in a weighted average lease term (WALT) of approximately 7.6 years. Both tenants have multiple renewal options, providing additional income durability and long-term occupancy potential.
• Complementary Tenant Mix Anchored By Recognized Consumer Brands — The asset features a synergistic tenant lineup consisting of Big Chicken, the rapidly expanding fast-casual concept founded by Shaquille O’Neal, and Stan’s Donuts, a well-established Chicago-area bakery and coffee brand with strong regional recognition. The combination of breakfast, coffee, lunch, and dinner traffic drivers supports consistent consumer visitation throughout the day.
• Affluent Demographics And Strong Chicago MSA Fundamentals — The property serves a dense and affluent trade area with average household incomes exceeding $164,000 within a three-mile radius. Located within the Chicago metropolitan area, one of the nation’s largest and most diversified economic centers, the asset benefits from a substantial consumer base, significant tourism activity, and long-term economic drivers that support retail demand.
• Strategically Positioned Adjacent To O’Hare International Airport — The property benefits from a highly visible location along Higgins Road, which experiences approximately 24,400 vehicles per day, and is situated within the Rosemont/O’Hare submarket. The surrounding area is home to major hotels, office users, entertainment destinations, and transportation infrastructure that generate substantial daily traffic from business travelers, commuters, and tourists.