LARRY’S DINER | 6,000 SF Building | 1.61 Acre Prime Site

Retail-Commercial for Sale
Also listed as Business Opportunity, Vacant Land
Catylist Listing ID: 30275782
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related, Other
Building Size (RSF): 6,000 SF
Gross Building Area: See Agent
Sale Price: $1,375,000
Unit Price: $229.17 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 5/15/2018

Overview / Comments

6,000 SF FREESTANDING RESTAURANT / PRIME REDEVELOPMENT SITE OPPORTUNITY

* LOCATION, LOCATION, LOCATION!!!
* Situated at Heavily Traveled Signalized Prime Hard Corner Site at W Lockport St & S Van Dyke Rd.
* 6,000 SF Freestanding Restaurant on 1.61 Acres Site.
* High Profile Site Offering Outstanding Frontage, High Visibility Site & Easy Ingress / Egress.
* 270’ Linear Feet Frontage on W Lockport.
* Immediate Proximity to Plainfield Village Hall, Downtown Plainfield, Plainfield High School & Close Proximity to Major Interchanges.
* Outstanding Turnkey Operation Opportunity or Bring your Own Concept.
* Real Estate & All FF&E Included in the Sale.
* Excellent Site for Redevelopment Opportunities.
* Ample Parking.
* Monumental Street Signage.
* Excellent Traffic Flow to Site.
* Densely Populated Dynamic Trade Area w/ Strong Outstanding Demos.
* Excellent Daytime Traffic.
* Low Taxes!!!
* Well Populated, High Income Residential Base.
* Over 151,969 People Living w/ an Average House Hold Income of $105,555 within Five Miles of the Property.
* Price to Sell!!

*** PLEASE BE DISCRETE & DON'T DISTURB EMPLOYEES***

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Will
Zoning: B5
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: W Lockport St
Feet of Frontage: 270
Site Description: LOCATION, LOCATION, LOCATION * Situated at Heavily Traveled Signalized Prime Hard Corner Site at W Lockport St & S Van Dyke Rd. * 1.61 Acres Site. * High Profile Site Offering Outstanding Frontage, High Visibility Site & Easy Ingress / Egress. * 270’ Linear Feet Frontage on W Lockport. * Immediate Proximity to Plainfield Village Hall, Plainfield High School & Close Proximity to Major Interchanges. * Site offers Outstanding Frontage, High Visibility, and Easy Access. * Excellent Traffic Flow to Site. * Densely Populated Dynamic Trade Area w/ Strong Outstanding Demos. * Excellent Daytime Traffic. * Low Taxes!!! * Well Populated, High Income Residential Base. * Over 151,969 People Living w/ an Average House Hold Income of $105,555 within Five Miles of the Property.
Tenancy: Single Tenant

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,271 41,539 159,530
Median Age: 37.12 34.24 34.18
Households: 1,157 12,922 50,988

Contact

Photograph of Listing Agent

George Spirrison, CCIM

Adelphia Properties
Not a member of ICEx
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