51 McHenry Rd - Restaurant FOR SALE
Buffalo Grove, IL 60089 |
51 McHenry Rd
Buffalo Grove, IL 60089
HIGHLIGHTS
- 20-year sale-leaseback opportunity featuring 10% rental increases every 5 years
- Corporate guaranty from tenant’s parent company – Lazy Dog Restaurants, LLC
- Pad to ~300,000 SF Jewel-Osco-anchored mall – The Grove
- Signalized hard corner location at heavily trafficked intersection – 51,000+ VPD
- Zero landlord maintenance or expense obligations
- FY 2024 revenues totaled $400M and 2025 revenues are on pace to surpass 2024 (ask Agent for more details)
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Lazy Dog
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
8060
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
15-33-301-175
