2860 Us Highway 34 - Restaurant FOR SALE


Oswego, IL 60543
$2,200,000 USD
314-324-8792
2860 Us Highway 34, Oswego, IL for Sale
$2,200,000 USD
Restaurant - FOR SALE
1/5
null | 6.55% Cap Rate

2860 Us Highway 34
Oswego, IL 60543


HIGHLIGHTS

  • he tenant is responsible for all Taxes, CAM, and insurance, providing no landlord ownership responsibilities.
  • The lease calls for rental increases of 10% every five years including the option periods.
  • Additional national retailers in the area include Home Depot, McDonalds, Target, and Walmart Super Center.

OVERVIEW

Remaining 14 year lease with Red Robin, one of the most recognized national brand in the casual dining industry., with more than 500 restaurants across the United States and Canada. Total revenues are $309 million ituated along Route 34, a major arterial road in Oswego, IL, this location offers high visibility and heavy traffic flow, making it ideal for retail, commercial, or service-based businesses. Route 34 serves as a key connector between Oswego and nearby communities, providing excellent exposure to both local residents and commuters. The area is well-serviced by local roads and highways, offering convenient access for customers from nearby towns such as Yorkville, Montgomery, and Aurora.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$342 USD /SF

CAP RATE

6.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Robin

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.79 AC

LAND SF

77,972 SF

ZONING

-

APN/PARCEL ID

03-09-460-012

ASK ABOUT THIS PROPERTY

Graham GoldStream Capital PartnersMore Info
314-324-8792

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Graham GoldStream Capital PartnersMore Info
314-324-8792

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