Listed by Lee & Associates - Chicago
Unpriced
Nick’s Pizza & Pub
Details
Property Type Retail
Sub Type Restaurant, Bar
Square Footage 10,076
Net Rentable (SqFt) 10,076
Units 1
Occupancy 100%
Tenancy Single
Broker Co-Op Yes
Class B
Buildings 1
Stories 2
Acreage 2.350
Zoning Commercial
Parking Spaces 200 spaces
Parking Per SqFt 19.85
Ground Lease No
Sale Condition N/A
Owner-User Business & Real Estate Sale
Marketing description
For Sale
Investment highlights
- 10,076 SF second generation restaurant on 2.35 acres
- Successful employee retention and training program - over 21% of employees have 5+ years of service
- 286 seating capacity plus 27 at bar with 50 on patio
- 2,899 SF basement, prep kitchen, storage, and offices
- Video slots are allowed (currently not in place); NTI/VGT = $67,702
- 200 parking spaces available
- High household income ($140,000) in surrounding area
- Signage along S Randall Road
- 2.6 miles from The Highlands of Elgin Golf Course
- Nearby retailers: Chick-fil-A, Lou Malnati’s Pizzeria, Mattress Firm, McAlister’s Deli, Meijer, Menard’s, MOD Pizza, Popeyes, Portillo’s, Sam’s Club, Walmart, Wendy’s
- S Randall Road: 38,000 VPD
- Bowes Road: 15,600 VPD
Listing Contacts
Listed by Lee & Associates - Chicago
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