For Sale
K1 Speed Mokena
8580 Spring Lake Dr. Mokena (Chicago MSA), Illinois, CA 60448
8580 Spring Lake Dr. Mokena (Chicago MSA), Illinois, CA 60448
K1 Speed is a leading operator in the rapidly growing location-based entertainment sector, delivering high-traffic, destination-oriented experiences across a national footprint. This investment offers a long-term, passive income stream through an absolute NNN lease with over 17 years remaining, providing management-free cash flow through 2042. The property features 3% annual rent increases, growing NOI by roughly 60% over the lease term, alongside a 6.0% cap rate that averages 7.2% over time. Backed by an $8 million tenant investment and a corporate guaranty from K1 Speed Inc., the asset benefits from high barriers to entry and strong tenant commitment. Located in the Chicago MSA with prime I-80 visibility, this experiential destination drives consistent traffic and broad consumer appeal.
With a focus of providing value on the front end, committing to service, and utilizing superior market knowledge, we strive to help all our clients achieve their commercial real estate goals. Contact us today to find out how we can serve you.