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Randy Schulenburg
224-805-2616224-805-2616

2737 Algonquin Road, ALGONQUIN, IL 60102 (MLS # 10165952)

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BEDS n/a
BATHS 0 baths
HOME SIZE n/a
LOT SIZE 1,360 sqft

1,360 SF TURN KEY RESTAURANT FOR SALE AT THE WINDING CREEK SHOPPING CENTER, THE HEART OF MAJOR SHOPPING CORRIDOR. DOES NOT INCLUDE REAL ESTATE. PICANTE MEXICAN GRILL. $75,000 FIRM. INCLUDES ALL EQUIPMENT IN GOOD WORKING ORDER. LEASE RATE $11.50 SF NNN. HIGH TRAFFIC COUNTS, EXCELLENT VISIBILITY, AMPLE PARKING AND MULTIPLE ACCESS. ILLUMINATED SIGNAGE AVAILABLE. QUALITY DEMOGRAPHICS. BUILDOUT NEGOTIABLE. FAVORABLE NNN LEASE RATE. CURRENT TENANTS INCLUDE BUDDYZ, ALLSTATE INSURANCE, FOREVER NAILS AND SALON ZARA. OTHER UNITS AVAILABLE UP TO 3,200 SF.

DAYS ON MARKET 74 LAST UPDATED 1/12/2019
TRACT WINDING CREEK COMMUNITY Algonquin
COUNTY Mc Henry STATUS Active
PROPERTY TYPE(S) Bus / Bus w/Real Est


ADDITIONAL DETAILS
AIR CONDITIONING Central Air, Central Individual
ANN RNT EXPENSE SOURCE Combination
ARE ANY PROPERTY PHOTOS VIRTUALLY STAGED? No
BUSINESS AGE 1-3 Years
BUSINESS TYPE Food and Beverage, Restaurant
COMPENSATION PAID ON Net Lease Price
CONSTRUCTION Brick, Concrete
ELECTRICAL SERVICE 201-600 Amps
ESTIMATED TAX/SF 3.71
FRONTAGE/ACCESS Signal Intersection, US Highway
GR SALES ANN EXPENSE SOURCE Broker Projection
HEAT/VENTILATION Forced Air, Gas
INFORMATION 24-Hr Notice Required, Listing Agent Must Accompany, Show-Call Listing Office
INVENTORY EXPENSE SOURCE Combination
KNOWN ENCUMBRANCES None Known
LEASE TYPE Net
LISTING TYPE Exclusive Agency
LOCATION Central Business District
MANAGING BROKER (Y/N) No
MISC INSIDE Handicapped Access, Handicapped Equip Washroom/s, Multi-Tenant, Other, Private Restroom/s
MISC OUTSIDE Handicapped Access, Security Lighting
NOI SOURCE Combination
OUTDOOR PARKING Over 100 Spaces
POTENTIAL USE Commercial, Retail
PROPERTY OFFERED For Rent Only
PROPERTY TYPE Bus / Bus w/Real Est
REAL ESTATE INCLUDED? (Y/N) No
ROOF COVERINGS Membrane, Rubber
SALE PRICE INCLUDES Equipment
SALES TAXES 0000
SALES TAXES EXPENSE SOURCE Broker Projection
SALES TAXES YEAR 2017
STATUS Active
TAXES 0
TAXES EXPENSE SOURCE Broker Projection
TAXES YEAR 2017, 2017
TENANT PAYS Air Conditioning, Common Area Maintenance, Electric, Heat, Janitorial, Other, Real Property Taxes, Repairs and Maintenance, Scavenger, Water/Sewer
TOTAL OP EXPENSE SOURCE Combination
TYPE OF LEASE Net Lease
UNINCORPORATED (Y/N) No
UTILITIES TO SITE Electric to Site, Gas to Site, Sanitary Sewer to Site, Water-Municipal


49 Car-Dependent



 
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Listed with Berkshire Hathaway HomeServices Starck Real Estate
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