Lease Or Lease To Own Restaurant And Bar Roselle,IL For Sale

Property Information

Real Estate:

Lease

Lease Terms:

Lease Information: Lease or lease to own. Lease the space for $16,000/mth gross. Landlord will sign a new 5-or 10-year lease with options.

Location:

Prime corner retail space in Roselle Commons, a thriving neighborhood plaza that boasts great signage, high visibility, easy access and ample parking. Along with Dini's Ice Cream & Boba, Elite Fitness Training, Fire Burrito, Great Clips, Maple Leaf Coffee Roasters, Maxi MMA-Jiu-Jitsu-Kids, Maximus Muay Thai & Fitness, Payless Tobacco & Liquor, Synergy Blends, The Cat House, Top Nails and more. Also, across from a large Ford dealership! Perfectly situated on Irving Park Rd, a high-traffic east-west corridor with over 17,000 vehicles per day. Strategically positioned in the heart of Roselle’s vibrant downtown business district. Close to local businesses, public transit and surrounded by a vast residential area. Plus, just minutes from I-390 and I-290. Also, across the street from Metro 19, a new $80 million dollar transit-oriented development (TOD) project currently under construction between Roselle Commons and the Roselle Metra Station. Metro 19 includes 6,800 sq ft of commercial space along with 297 luxury apartments and an attached 5-story parking garage with 540 parking spaces, bringing hundreds of new residents within walking distance of this restaurant! Metro 19 is part of Roselle’s significant downtown revitalization efforts aimed at enhancing its appeal and functionality for residents and visitors alike. Also, part of this plan is actively attracting new businesses to the downtown area, as well as transforming their municipal campus into 3 distinct public spaces: Petal Plaza, Petal Porch & Petal Promenade, developing a new state-of-the-art library at 233 E. Maple Ave and redeveloping a 7-acre parcel at Roselle Road and I-390 for new residential housing. These initiatives too will drive more consistent foot traffic into the heart of Roselle, further supporting the area’s growth and long-term vibrancy!

Premises Details:

Year Established: (Space For Lease).

Property Information: The multi-tenant building (total of two buildings) that houses this restaurant space is also available for lease or lease to own. Property class C. Zoning C (Commercial).

Seating: 300 Inside & 50-60 Outside (Possible To Add More Seating).

Owners Role: (Space For Lease).

Size in square feet:

9,053

Business Operation

Expansion Potential:

Roselle is in the midst of a major downtown revitalization project that will enhance the market for restaurants such as this and service-oriented businesses, as well as drive future customer growth.

Also, this space is eligible for a gaming license to generate additional income!

Competition / Market:

Rare turnkey space. Move-in ready. All major infrastructure in place. Available for immediate use!

Ideal end cap unit. High foot and vehicle traffic. Close to the Metra station and a dense (and growing) commercial and residential area in downtown Roselle. Also, an area of high household incomes and significant consumer spending.

Reasons for selling:

Available.

Trading hours:

(Space For Lease)

Employees:

(Space For Lease)

Other Information

Support & training:

(Space For Lease)

Financing available:

(Space For Lease)

Related Documents:

•   Business Information

Business closed / Asset sale:

Yes