Outback Steakhouse | 2805 Mannheim Rd
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Outback Steakhouse 2805 Mannheim Rd
6,000 SF Retail Building Des Plaines, IL 60018 $3,600,000 ($600/SF) 5% Cap Rate
Investment Highlights
- ABSOLUTE NNN GROUND LEASE | ZERO LANDLORD RESPONSIBILITIES
- MAJOR TRAFFIC DRIVERS
- EXCELLENT VISIBILITY
- DENSE & AFFLUENT DEMOGRAPHICS
- BRAND-NEW CONSTRUCTION | LONG TERM LEASE
Executive Summary
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in 1.13 acres of land with a ground lease, containing a newly constructed 6,000 square foot Outback Steakhouse restaurant in the Chicago MSA.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,000 SF
Year Built
2023
Price
$3,600,000
Price Per SF
$600
Cap Rate
5%
NOI
$180,000
Tenancy
Single
Building Height
1 Story
Nearby Major Retailers
1 of 2
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Outback Steakhouse | 2805 Mannheim Rd
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