1250 Torrence Avenue, Calumet City, IL

Sale Notes:
* NNN Investment in Calumet City, IL
* 18 Year sale-leaseback with Buffalo Wild Wings (Franchisee)
* Low Price per Square Foot
* One of Buffalo Wild Wing's strongest franchisees
* Very Strong Gross Sales for Restaurant

Latitude Commercial Realty is pleased to present this 7,027 SF freestanding retail building located in Calumet City, Illinois on the Southwest corner of 159th Street and Torrence Avenue. The property has high visibility on both Torrence Avenue and 159th St. with over 30,000 vehicles and 19,000 vehicles per day. The property is located within a very dense Regional Retail trade area with a population of over 257,000 within 5 miles. The surrounding retail corridor includes retailers such as Petco, Bed Bath & Beyond, Michael’s, Macy’s, Verizon Wireless, and many more national tenants.

The investment offering is a class “A” building remodeled in 2009. The subject property was a former Bennigan’s that was purchased and converted into a Buffalo Wild Wings. Buffalo Wild Wings (Franchisee) plans to do a sale-leaseback Triple Net lease for 18 years with purchaser to coincide with the franchise agreement. No Landlord responsibilities, tenant to maintain property! Buffalo Wild Wings is currently owned by one of the largest franchisees who owns 8 restaurants throughout Indiana and Illinois.

This retail pad enables an investor an opportunity to acquire a fully leased building with a strong national tenant. The property is located in one of South Chicago’s strongest retail corridors at a premier corner in Calumet City. Calumet City is home to River Oaks Center, originally opened in 1966 and is now owned and managed by Simon Property Group. River Oaks is the largest enclosed shopping mall in the south suburbs of Chicago, totaling over 1.3 Million Square Feet. There are over 140 stores that include anchors Carson Pirie Scott, JCPenney, Sears and Macy’s.