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28959527
28961682

6315 Main St, Woodridge, IL 60517

JY
IL 471009942
Equitable Realty Group
Listed by Equitable Realty Group
$2,812,500
168 days on market
Updated 15 days ago

6315 Main Street

Details
Property Type Retail
Sub Type Restaurant
Square Footage 6,511
Cap Rate 7.99%
NOI $224,630
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Remaining Term 10
Rent Bumps Yes
Lease Options 2
Price per SqFt $432
Buildings 1
Stories 1
Investment Type Net Lease

STNL - 10-Year term - Seven Bridges

Marketing description

Equitable Realty Group is pleased to offer for sale 6315 Main Street in Woodridge, IL. This is a single tenant net leased asset offering an investor the opportunity to acquire a well constructed property in an excellent market at an +/-8% cap rate. The property is a 6,511 square foot stand alone retail building on Main Street fully leased by Ike & Oak Brewing, an established award-winning brewpub.

• 10-year NNN lease with established brewpub.

• Significant tenant investment in the building and premises.

• Located in Main Street at Seven Bridges, a prime mixed-use pedestrian-oriented development located in DuPage County.

• Within walking distance to a theater, golf course, health club, ice arena, single family homes, apartments, condos, townhomes, and new Pulte townhome and single family residential development.

• Nearby notable tenants; Starbucks, Buffalo Wild Wings, Cinemark at Seven Bridges, Seven Bridges Golf Club, Endeavor Health and Fitness Center, and many others.

• The property includes two outdoor patios with overhead doors connecting to the dining and taproom.

Investment highlights

-STNL

-10-year lease term with two 5-year options to renew with escalations.

-Fully renovated into a brewpub with significant tenant investment in FF&E.

-2 outdoor patios connected to the dining / tap rooms via overhead doors.

-Great DuPage County market location with easy access from Naperville, Downers Grove, Lisle, and Bolingbrook.

-Adjacent to Seven Bridges Golf Club, mixed-use retail, office, and over 1,000 residential units onsite.

Listing Contacts

JY
IL 471009942
Equitable Realty Group
Listed by Equitable Realty Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$224,630.00
$18,719.17/mo

Valuation Metrics

0
DSCR
7.99%
Cap Rate
7.99%
ROI

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Additional Information

Name
Joseph Yendrek
License
471009942
Brokerage
Equitable Realty Group
Brokerage Phone
7739912352
Title
Designated Managing Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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