Key Money: $15,000
Rare opportunity to lease a built-out and equipped freestanding restaurant along heavily traveled Route 120 in the growing Lakemoor/McHenry County market.
Skip the substantial time, cost, and uncertainty associated with converting raw retail space into a restaurant! This 5,200 sq ft freestanding restaurant is already configured for foodservice use and includes a commercial kitchen with a large exhaust hood & walk-in cooler, dining room furniture, a fenced-in patio, prominent signage, and 40 parking spaces.
The property is immediately available for a new tenant, creating an outstanding opportunity for an experienced independent operator, growing restaurant group or established concept looking to enter or expand within the northwest suburban market.
One of the property's greatest advantages is its existing restaurant infrastructure. Rather than starting with an empty commercial shell and investing heavily in kitchen improvements, ventilation, refrigeration, plumbing, dining furniture, and related restaurant infrastructure, a new tenant can capitalize on an already established foodservice facility.
For a restaurant operator comparing this opportunity with constructing a new restaurant from raw retail space, the combination of an existing commercial kitchen, hood system, refrigeration, dining area, furniture, patio, parking and signage can represent significant potential savings in both startup capital and opening time.
Bring your concept here!
Prime retail space in a one-story freestanding restaurant building. Boasts great signage, high visibility, ample parking, and heavy vehicle traffic.
Strategically positioned directly along Rand Rd (Route 120) in Lakemoor, the property benefits from exposure to one of the area's principal east-west commercial corridors.
Route 120 connects the property with surrounding communities including McHenry, Volo, Fox Lake, Wauconda, Round Lake, and the greater Chain O'Lakes area, creating the potential to draw customers from well beyond Lakemoor itself.
The property is just 2 miles west of the major intersection of Routes 120 and 12, one of the area's primary retail nodes. That intersection has grown substantially with major retail and restaurant development anchored by Woodman's Food Market and an expanding collection of national and regional concepts.
Plus, Lakemoor continues to actively encourage commercial development along Route 120, with the Village identifying the corridor as an important commercial and development area serving a growing northwest suburban population.