Small Strip Center - With Fully Equipped Restaurant Space!

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Asking Price:
$525,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Incredible opportunity to purchase a small strip center with a large fully-equipped restaurant space in an excellent location.

Property Details:
4,000 SqFt Masonry & Brick Strip Center With 4,000 SqFt Basement
3 Retail Storefronts + Restaurant Space
Situated On 9,200 SqFt or 0.21 Acre
Front Parking Lot
Real Estate Taxes Approx. $38,000

Restaurant Space Details:
2,600 SqFt
Seating For 85
2 Entrances To The Kitchen
Large Professional Commercial Kitchen
Fully-Equipped
Long Cooking Line

Kitchen includes 12ft exhaust hood, 6 burner stove with oven, 4 burner stove, 3 well steam table, fryer, double door sandwich unit, 2 reach-in refrigerators, dishwasher, ice machine, walk-in cooler, walk-in freezer and much more.

Prime retail space in a centrally located strip center in Arlington Heights, a highly desirable northwest suburb. Perfectly situated on Arlington Heights Rd with over 59,000 cars a day. Convenient location. Just a few blocks from Northwest Community Hospital, the Park District, US Army Rescue Center and more. Also 5 minutes from Arlington Race Track. Surrounded by a vast area of industrial, commercial, retail and residential.

No financials available - owner is not selling the restaurant concept.

Bring your restaurant concept to this ideal location or lease it out along with the other three retail spaces!

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not discuss with employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Listed by Ted Aretos at EatZ & Associates / Z Real Estate Group (Sponsoring Broker: American Reality Network)

About the Business

Year Established:
1982
Real Estate:
Owned
Building Sq. Ft.:
4,000
Facilities:
Square Feet: 2,600. Seating: 85. Days/Hrs of Operation: Tu-Su 11:30a-2:30p & 5p-8:30p (Closed Mondays).
Market Outlook/
Competition:
This strip center is ideally positioned in the heart of Arlington Heights. And Arlington Heights Rd is the main street running north-south through all of central Arlington Heights. There is also direct access to Interstate 90 with a full interchange at Arlington Heights Rd. A great location which boasts an excellent transportation infrastructure with convenient access to Chicago, O'Hare and the entire Chicagoland area.

Arlington Heights is an attractive destination for homebuyers, shoppers, businesses and visitors with its dynamic economy, award-winning schools, library, park district and highly acclaimed Northwest Community Hospital.
Growth & Expansion:
Also one of the most populous communities in the United States with over 75,000 residents. Has experienced a recent boom in the development of condos, restaurants and other businesses. This is a rare opportunity, land and space is now limited in this sought after northwest suburb!
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About the Sale

Reason For Selling:
Retiring
Seller Financing:
No

Listing Info

ID:
1494210
Ad Detail Views:
1805

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$
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Business Listed by

Ted Aretos

EatZ & Associates

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Sponsoring Broker:

Tom Traina
EatZ & Associates
License# 475175390

U.S. Census Data for Cook County, IL
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Cook County, IL
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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