Marcus & Millichap closed the sale of a net-leased Starbucks location in Channahon, Illinois. The property sold for $2,725,806.

“We received multiple offers from our marketing efforts and were able to close at over 98 percent of list price,” said Austin Weisenbeck, senior managing director. Weisenbeck and Sean Sharko, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, an Illinois-based developer.

The newly constructed property at 26919 W. Eames Street features a rare 15-year lease with Starbucks, which began in 2023. Strategically situated in a high-traffic area, the 2,225-square-foot property is surrounded by numerous major retailers, including McDonald’s and a newly built Tractor Supply Co.