14,000 SF FREESTANDING SPORTS BAR | Priced to Sell

Retail-Commercial for Sale
Also listed as Vacant Land, Hospitality
Catylist Listing ID: 30343763
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 14,000 SF
Gross Building Area: See Agent
Gross Land Area: 1.33 Acres
Sale Price: $1,650,000
Unit Price: $117.86 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 12/7/2018

Overview / Comments

14,000 SF FREESTANDING RESTAURANT / SPORTS BAR OPPORTUNITY

* Excellent Opportunity to Acquire a 14,000 SF Freestanding Restaurant Sports Grille Building Offering High Ceilings w/ Outdoor Patio Seating on 1.33 Acres Site.
* Footsteps from a Highly Traveled Busy Interchange Ramp & Close Proximity to Major Interchanges.
* Outstanding Turnkey Operation Opportunity or Bring your Own Concept.
* Real Estate & All FF&E Included in the Sale.
* Site offers Outstanding Frontage, High Visibility, and Easy Access on Highly Traveled Street.
* Excellent Site for Redevelopment Opportunities (Restaurant, Hotel, Commercial).
* Ample Parking.
* Monumental Street Signage.
* Excellent Traffic Flow to Site.
* Densely Populated Dynamic Trade Area w/ Strong Outstanding Demos.
* Excellent Daytime Traffic.
* Low Du Page Taxes!!!
* Over 267,393 People Living w/ an Average House Hold Income of $90,364 within Five Miles of the Property.
* 12 Minutes from O’Hare Airport.
* Price to Sell!!!!

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: DuPage
Submarket Type: Suburban
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Excellent
Feet of Frontage: 290
Traffic/Vehicle Count: 26,700
Site Description: LOCATION, LOCATION, LOCATION!!! * Footsteps from a Highly Traveled Busy Interchange Ramp & Close Proximity to Major Interchanges. * Site offers Outstanding Frontage, High Visibility, and Easy Access on Highly Traveled Street. * Excellent Site for Redevelopment Opportunities (Restaurant, Hotel, Commercial). * Excellent Traffic Flow to Site. * Densely Populated Dynamic Trade Area w/ Strong Outstanding Demos. * Excellent Daytime Traffic. * Low Du Page Taxes!!! * Over 267,393 People Living w/ an Average House Hold Income of $90,364 within Five Miles of the Property. * 12 Minutes from O’Hare Airport.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Parking Type: Structure
Parking Description: Ample Parking.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,963 137,595 321,431
Median Age: 37.11 37.9 38
Households: 3,524 47,728 113,376

Contact

Photograph of Listing Agent

George Spirrison, CCIM

Adelphia Properties
ICEx Member
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