3300 Cicero Ave. | Cicero, IL 60804
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- LoopNet Team
3300 Cicero Ave.
Cicero, IL 60804
Portillo's Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 12-Year Absolute NNN Ground Lease, Rental Increases in the Base Term and Options
- Average Unit Sales for Portillo’s is Approximately $8.5 Million, the Highest in the Fast-Casual Industry
- Brand New High-Quality Construction, Latest Prototype with Double Drive-Thru
- Corporate Guaranty (NASDAQ: PTLO) with 72+ Locations in 9 States
- Chicagoland Locations Average Annual Sales Just Shy of $10 Million
- Trophy Location on Oversized 2.8+ Acre Parcel with High Intrinsic Land Value
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,796 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.91 AC
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Restaurant
- Signage
- Drive Thru
- Wheelchair Accessible
- Monument Signage
PROPERTY TAXES
| Parcel Number | 16-33-220-008-0000 | Improvements Assessment | $167,634 |
| Land Assessment | $468,112 | Total Assessment | $635,746 |
PROPERTY TAXES
Parcel Number
16-33-220-008-0000
Land Assessment
$468,112
Improvements Assessment
$167,634
Total Assessment
$635,746
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