This offering presents a rare opportunity to acquire a high-quality net-leased Lou Malnati’s restaurant located in a premier infill Chicago trade area. The investment features a NN lease with 3% annual rent escalations, providing built-in income growth and long-term stability. The lease is scheduled to commence March 1, 2027, with a Year One NOI of $252,350 and limited landlord responsibilities.
Established Chicago institution — the oldest family name in Chicago pizza, continuously operating since 1971, with a 4.4-star rating across 3,400+ Google reviews and a full-service offering including bar, dine-in, carryout, delivery, and catering.
Proven, high-performing location with strong sales and a low rent-to-sales ratio, positioned less than one mile from Chicago Midway International Airport.
Prime signalized corner at S. Cicero Avenue and W. 65th Street with 71,200 vehicles per day, surrounded by nearly 2,000 hotel rooms across 10 nationally flagged properties within walking distance.
Exceptional demographics with over 231,000 residents within a 3-mile radius, an average household income of $71,799, and approximately $5 billion in aggregate purchasing power.
Proximity to major transportation hub located near Chicago Midway International Airport, the 13th busiest airport in the U.S., serving over 22 million passengers annually, employing 9,000 people, and generating $8.5 billion in economic impact.