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updated: 7/19/2019 10:17 AM

McDonald’s property sells for $2.15 million

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  • SVN Chicago commercial recently sold a retail property at 2270 W Higgins in Hoffman Estates for $2.15 million.

    SVN Chicago commercial recently sold a retail property at 2270 W Higgins in Hoffman Estates for $2.15 million.
    Photo courtesy of SVN Chicago commercial

 

HOFFMAN ESTATES -- SVN Chicago commercial recently sold a retail property at 2270 W Higgins in Hoffman Estates for $2.15 million.

The property was sold to a California buyer as part of a 1031 exchange. The property contains a McDonald's restaurant.

"Single Tenant NNN deals that are well located with quality tenants like McDonald's continue to see vibrant investor interest," said Wayne Caplan, senior vice president at SVN Chicago Commercial. "Thanks to our broad-based marketing platform, we were able to put 7 very qualified offers in front of our client for them to choose from."

Caplan and Al Lindeman of SVN Chicago Commercial represented the seller in the transaction.