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800 E Higgins Rd
Elk Grove Village, IL 60007

Fully Equip Rest For Lease - Key Money $75k · Property For Lease

Highlights

  • Purchase The FF&E And Lease For $13/SqFt = $6,552/Mth NNN - Owner Offering A New Lease With Options
  • On Higgins Rd (Route 72) - A Major Thoroughfare With Over 30,000 VPD
  • Well-Maintained Freestanding Building - Built In 1975 - New Roof & HVAC System In 2006 - 1.4 acres - 2020 RET $43,000 +/-
  • Across From The New Elk Grove Technology Park -The Newest & largest Industrial Park In The O’Hare Market, As Well As In The US!
  • Surrounded By Many Businesses & Many Homes With A Population Of Approx 250,000 Within A 5-Mile Radius
  • Full Bar - Separate Dining Room - Private Dining Room - Fenced-In Outdoor Patio

PROPERTY FACTS

Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 5,200 SF
Year Built/Renovated 1975/2006
Parking Ratio 10/1,000 SF

About the Property

6,552 SqFt Restaurant On 1.4 Acres Elk Grove Village, IL - Across From The New Elk Grove Technology Industrial Park! Can Keep A Barbecue Place - All Recipes Included Or Bring Your Own Concept Here Offering some of the best barbecue anywhere. Featuring all of the smoky favorites along with starters, salads, soups, gumbos, sides, sandwiches and desserts. Full service. Open for lunch and dinner. Dine-in or out, take-out, pick-up and 3rd party delivery, plus catering from 20 to 10,000. Also sells BBQed meats by the pound and sides by the pint & quart. Nicely appointed exterior and interior. Gorgeous stonework both outside and in, as well as large windows, vaulted ceilings and beautiful wood ceilings and floors. Ample seating for 175. Full bar with 4 beers on tap and bar area with several high-top tables. Separate dining room with booth and tables. Also, a private room that seats 35, great for private meetings and parties. And a spacious fenced-in covered patio with another 40 seats. Large fully equipped kitchen features a 12ft & 20ft hood, smoker, convection oven, full kitchen line and much more. Plus, several prep areas and a large expeditor line. Also, a separate take-out area on the east side of the building! Can keep it a barbecue place, all recipes included - but can NOT keep the name. Can also bring your own concept here! Space For Lease $13/SqFt NNN or $7,098/Mth NNN + $75,000 Key Money Location: Prime retail space in a freestanding building on Higgins Rd (Route 72), a major thoroughfare with over 30,000 vehicles per day. Boasts great signage, visibility, access and ample parking for 98 cars. Surrounded by many businesses and many homes with a population of approximately 250,000 within a 5-mile radius. Also, across from the new Elk Grove Technology Industrial Park, a new large industrial park and data center business park with 9 planned industrial facilities for a total of over 1.2 million sqft of state-of-the-art spaces on 85 acres! Perfectly situated in Elk Grove Village, known as the top market in the Chicago area for business. Already a booming business community with over 3,600 companies and service organizations within the village. It is regionally considered a premier location for business and industry. Contains the 2nd largest concentration of employment in the state of IL, with over 100,000 people commuting here for work to a diverse mix of local, national and international companies. A very desirable Chicago northwest suburb named as one of “Fifty Fabulous Places to Raise Your Family.” Known for its excellent parks & recreation, schools, access to transportation, varied housing stock, vibrant economy, low crime rate, exceptional community service and small-town atmosphere. Year Established: 2006 Property Information: Well-maintained freestanding building. Built in 1975. New roof and HVAC system in 2006. 1.4 acres. 2020 real estate taxes $42,451. Lease Information: Space for lease for $13/SqFt NNN or $7,098/Mth NNN + $75,000 Key Money. Owner/seller offering a new lease with options. Square Feet: 6,552 Seating: 175 Inside & 40 Outside Gross Sales: (For Lease) Net Operating Income: (For Lease) Value of Inventory: Not Included Seller Financing Available: No Reasons for Selling: Retiring. Competition/Market: Authentic barbecue. Best ribs and BBQ in the Chicago area near O’Hare. Savory menu. High quality fresh ingredients. Bright bold flavors. House made signature desserts. Superb and delicious. Everything prepared to order. Outstanding food and service. Exceptional catering. Always try to exceed expectations. Welcoming exterior. Warm and inviting interior. Set up for large volumes. Growth & Expansion: Local favorite place for BBQ. A staple in the area for both businesses and residents. Possible to add gaming. A+ location. An ideal spot in Elk Grove. Across from the newest and largest industrial park in the O’Hare market, as well as the largest contiguous industrial park in the United States! In an area that is expected to grow and flourish, time to get in is now!! Feel free to stop by the location first. This is a highly confidential listing. If interested, contact EatZ for more information. Showings by appointment only. Listed By Tom Traina at EatZ & Associates / EatZ Real Estate Group LLC

  • Pylon Sign
  • Restaurant
  • Signage
  • Air Conditioning
  • Listing ID: 24011197

  • Date on Market: 8/31/2021

  • Last Updated:

  • Address: 800 E Higgins Rd, Elk Grove Village, IL 60007

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