2020 75th St - Restaurant FOR SALE


Woodridge, IL 60517
$1,540,000 USD
630-954-7398
2020 75th St, Woodridge, IL for Sale
$1,540,000 USD
Restaurant - FOR SALE
1/9
null | 6.5% Cap Rate

2020 75th St
Woodridge, IL 60517


HIGHLIGHTS

  • RECENTLY EXERCISED 10 YEAR OPTION | NNN GROUND LEASE
  • BELOW MARKET LEASE | COVERED LAND PLAY | 1.76 ACRE SITE | NO OPTIONS REMAINING
  • FUNDAMENTALLY STRONG REAL ESTATE | DUPAGE COUNTY ADVANTAGE
  • NATIONAL RESTAURANT OPERATOR
  • STRONG SOUTHWEST SUBURBAN CHICAGO SUBMARKET
  • BUSY SUB-REGIONAL TRADE AREA

OVERVIEW

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell a 1.76-acre ground lease containing a Bakers Square store. This is a unique opportunity for an incoming investor to acquire nearly 2 acres of interstate-adjacent land secured by a ground lease with a long-standing restaurant chain.

FOR SALE DETAILS

PRICE

$1,540,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Baker's Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

83

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,666 SF

ZONING

B3-2

APN/PARCEL ID

08-25-201-072

ASK ABOUT THIS PROPERTY

George GhattasMid-America Real Estate Corp.More Info
630-954-7398

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George GhattasMid-America Real Estate Corp.More Info
630-954-7398

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.