Unknown For Lease • 4,000+ SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste #1 & 2 | Retail | 4,000-5,000 SF | $45.00 USD/SF/YR | |
Second-generation restaurant space totaling approximately 5,000 square feet, featuring two fully built commercial kitchens. Originally developed as a 4,000 SF full-service restaurant, the space was later expanded to include an additional 1,000 SF dedicated takeout kitchen, allowing for high-volume off-premise and delivery operations. Both kitchens are equipped with 20-foot Type I hoods. The primary kitchen includes a heat extraction system suitable for ovens and commercial dishwashing stations. The space also features an enclosed, heated and cooled patio of approximately 1,200 SF, functioning as year-round interior seating. Ownership can demises the space to approximately 4,000 SF if desired (enclosed patio not included in 4,000 SF calculation), providing flexibility for various restaurant concepts.
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| 1st Floor Ste 7 & 8 | Retail | 2,050 SF | $39.00 USD/SF/YR | |
Total gross rental rate of $10,700 per month which includes property tax and CAM. There is also a patio space included which is approximately 1,200 SF
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742 W Higgins Rd is a multi-tenant retail property positioned along the highly trafficked Higgins Road commercial corridor in Park Ridge. The property offers strong visibility, convenient access, and ample on-site parking, serving a dense and established residential community. The center has a proven history of successful restaurant and quick-service operations, making it an ideal location for national and regional food operators. Existing restaurant infrastructure within the available spaces significantly reduces buildout timelines and capital investment compared to ground-up construction or vanilla shell space. The combination of strong suburban demographics, corridor traffic, patio activation, and existing commercial kitchen improvements creates a turnkey opportunity for food and beverage users seeking immediate market presence. Prime Higgins Road Corridor Location: Positioned along a highly trafficked commercial artery in Park Ridge with strong daily vehicle counts, established retail presence, and excellent suburban demographics. The location offers immediate brand visibility and convenient access for both local residents and commuter traffic. Second-Generation Restaurant Infrastructure The property features substantial existing restaurant buildout, including multiple 20-foot Type I hoods, full commercial kitchen systems, and ventilation infrastructure. This dramatically reduces tenant buildout costs and shortens time to opening compared to new construction or vanilla shell space. Flexible Space Configurations The former DUA space offers approximately 5,000 SF and can be demised to 4,000 SF, accommodating full-service, fast-casual, or hybrid dine-in/takeout models. The former Dunkin’ space provides an efficient 2,000 SF QSR layout ideal for beverage-forward or counter-service operators. Indoor and Outdoor Patio Activation The main restaurant includes a 1,200 SF enclosed, heated and cooled patio functioning as year-round interior seating. The QSR space includes a 1,200 SF open patio, enhancing customer experience and seasonal capacity. Proven Restaurant Location Both spaces were previously occupied by established food operators, confirming viability for QSR and restaurant concepts. Existing kitchen layouts and service flow are optimized for high-volume operations. Attractive Lease Structure Competitive base rents with clearly defined NNN expenses provide transparency and market positioning that appeals to national brands and franchise groups seeking predictable occupancy costs. Turnkey Opportunity with Capital Savings The embedded kitchen infrastructure and patio buildouts represent significant value, potentially saving incoming tenants substantial upfront construction and equipment costs. This property delivers operational readiness, brand visibility, and suburban consumer density—an ideal combination for national and regional restaurant operators.
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Baskin-Robbins | ||
| D'Agostino's Pizzeria and Pub | ||
| D'agostino's-Park Ridge | ||
| Floyd's Barbershop | ||
| Prime Tobacco & Cigar | ||
| Tone-Up Club |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Park Ridge Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 6 min | - | 2.0 mi |
| Edison Park Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 5 min | - | 2.1 mi |
| Airport | Drive | Walk | Distance |
| Chicago O'Hare International | 30 min | - | 8.7 mi |
| Chicago Midway International | 37 min | - | 18.7 mi |