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Restaurant For Sale • 5,496 SF
Investment opportunity in Maple Park, IL offering a 7.5% cap rate through a 5-year sale-leaseback with Emerald Acres. The property consists of 5,496 SF across two buildings on approximately 3.28 acres. Offered at $1,300,000 with annual gross rent of $120,744 and NOI of approximately $97,500. Tenant is responsible for snow removal and lawn care, with the owner responsible for real estate taxes and insurance. Tenant has contractual purchase options of $1,500,000 after Year 3, $1,550,000 after Year 4, and $1,600,000 after Year 5. Excellent opportunity for an investor seeking stable cash flow, a defined lease term, and a potential 1031 exchange replacement property.
| Traffic Count: Approx. 9,050 vehicles/day on IL-47 |
| Polished concrete floors, painted drywall/wood paneling, quality lighting |
| ~40,000 SF brick paver/gravel surface, ample customer/event parking |
| Excellent location, just west of expanding St. Charles and Geneva area |
| Event equipment and trailers, Furniture, fixtures, and décor |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Elburn Station (Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 8 min | - | 4.7 mi |
| La Fox Station (Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 14 min | - | 6.8 mi |
| Airport | Drive | Walk | Distance |
| Chicago O'Hare International | 78 min | - | 37.0 mi |
| Chicago/Rockford International | 70 min | - | 46.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 75 |
| Type: | Surface |
| Included in Rent: | Yes |
Scott Morken
Morken & Associates
Scott Morken
Morken & Associates