About This Restaurant
Investment Highlights
Corporate Sale-Leaseback - Strong Location & 2024 Remodel Triple Net (NNN) Lease - Corporate Guaranty 5 Mins From Chicago O'Hare Airport - Chicago MSA (3rd Largest U.S. MSA) Twenty (20) Year Lease - 2% Annual Rental Increases 366K Residents Within 5-Miles - Adjacent to I-294 (193K CPD) Across from Fashion Outlets of Chicago - 130 Luxury Outlets
Executive Summary
This corporate Dave & Buster?s sale-leaseback opportunity will have a new twenty (20) year lease that will be executed at close of escrow, plus four (4), five (5) year options.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Restaurant Freestanding
- Building Size 38,596
- Building Class B
- Year Built/Renovated 2018/2024
- Price 28,307,000
- Price Per SF 733
- Cap Rate 7.50
- NOI 2,123,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.53
- Land Acres 1.67 AC
Amenities
- Freeway Visibility
- Signage
Nearby Amenities & Transportation
| Retail | freshii | ||
| Retail | Starbucks | ||
| Retail | Fogo de Ch?o | ||
| Retail | McCormick & Schmick's Seafood Restaurants | ||
| Retail | Capital Grille | ||
| Retail | Sugar Factory | ||
| Retail | Morton's, The Steakhouse | ||
| Retail | Denny's | ||
| Retail | Johnny Rockets | ||
| Retail | Saladworks |
Property Taxes
| Parcel Number | 12-09-206-010-8001 12-09-206-010-8002 | Improvements Assessment | $0 |
| Land Assessment | $2,201,768 | Total Assessment | $2,201,768 |
| Date Created: | 2024-07-16 04:13:38 | Last Updated: | 2024-07-16 04:13:38 |
| Address: | 9870 Berwyn Ave , Rosemont, Illinois, 60018 | ||