Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

953 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Wendy's 11 N Harlem Ave

3,500 SF Retail Building Oak Park, IL 60302 $3,450,000 ($986/SF)

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Single tenant ground lease (no landlord responsibilities)
Corporate lease
High traffic counts 34,800 VPD on Harlem Avenue & 13,500 VPD on Madison Street

Multiple lease options through 2040
Strong re-development potential
MS Zoning (Madison Street Zoning District)

Executive Summary

Ground lease secured by Wendy's Corporation since 1985.

Oak Park 11 N Harlem NAI Hiffman OM

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Fast Food

Building Size

3,500 SF

Building Class

Year Built

1985

Price

$3,450,000

Price Per SF

$986

Tenancy

Single

Building Height

1 Story

Building FAR

0.18

Lot Size

0.46 AC

Zoning

Parking

46 Spaces (13.14 Spaces per 1,000 SF Leased)

Frontage

88 FT on N Harlem

Accommodation and Food Services
99,999 SF
-
Jan 0000

Wendy's® was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise, “Quality is Wendy's Recipe®,” which remains the guidepost of the Wendy’s system. Wendy’s is best known for its made-to-order square hamburgers, using fresh, never frozen beef, freshly-prepared salads, and other signature items like chili, baked potatoes and the Frosty® dessert. The Wendy’s Company is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company’s support of the Dave Thomas Foundation for Adoption® and its signature Wendy’s Wonderful Kids® program, which seeks to find every child in the North American foster care system a loving, forever home. Today, Wendy’s and its franchisees employ hundreds of thousands of people worldwide with a vision of becoming the world’s most thriving and beloved restaurant brand.