For Sale
$2,153,390
137 Western Ave Carpentersville, IL 60110
- Added:
- Dec 11, 2024
- Days on market:
- 132
Highlights
- High-performing Taco Bell with sales significantly above average unit volume and a low rent-to-sales ratio.
- Absolute NNN lease with tenant responsible for taxes, insurance, CAM, and maintenance.
- Approximately 14.8 years remaining on the base term with four 5-year renewal options.
- 10% rental increases every 5 years.
- Leased to Ampler Restaurant Group, a large operator of 475+ units, including Taco Bell, Burger King, Church's Chicken, and Little Caesars Pizza. Lease guaranteed by AG Bells II, LLC, a 55-unit operator.
- Located in a high-traffic area (28,000+ VPD) on a major thoroughfare with high visibility and large frontage.
Property Details for 137 Western Ave
- Property type
- Retail properties, Restaurants
- Square Feet
- 2,160 SF
- Year Built
- 1985
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 37,897 SF
- Units
- 1
Location Insight
- City
- Carpentersville
- County
- Kane
- State
- Illinois
- Latitude
- 42.1042035
- Longitude
- -88.2915516
Nearby Similar for Sale
FAQs
- Where is the retail property located?
- The property is located at 137 Western Ave Carpentersville, IL.
- What is the asking price?
- The asking price for this property is $2,153,390.
- What are key features of this property?
- This property features: High-performing Taco Bell with sales significantly above average unit volume and a low rent-to-sales ratio.; Absolute NNN lease with tenant responsible for taxes, insurance, CAM, and maintenance.; Approximately 14.8 years remaining on the base term with four 5-year renewal options.
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