254 Green Bay RdHighwood, IL 60040

This exceptional investment opportunity presents a portfolio of two SLYCE Coal Fired Pizza restaurants in prime Illinois locations: 254 Green Bay Rd, Highwood (60040) and 127 N Main St, Wauconda (60084). The portfolio totals 8,240 square feet and is offered at $3,690,900, representing a compelling $447.92 per square foot. Both units operate under a single, absolute NNN lease with a remaining term of 7.6 years, extending to June 29, 2032, and featuring four 5-year lease options. The current annual net operating income (NOI) is $221,454, yielding a 6.00% cap rate. The lease includes annual rent bumps, ensuring consistent income growth. Each restaurant benefits from high visibility, excellent traffic counts, and a densely populated, affluent customer base within a 10-mile radius, boasting an average household income exceeding $125,000. The Highwood location enjoys proximity to Lake Michigan, while the Wauconda location is situated on Main Street. Both locations feature outdoor patio seating. The tenant, SLYCE Coal Fired Pizza, is a well-established, popular artisanal pizza chain with a proven track record and strong online reviews. The tenant provides sales reporting. This is a passive investment opportunity with zero landlord responsibilities, offering significant long-term value and stability. 100% occupancy ensures immediate cash flow.