Retail

LongHorn Steakhouse

Bolingbrook, IL

Price

$2,376,000

Cap Rate

6.25%

Lease Type

NNN

Year Built

2008

Rental Increases

10% in Options

Lease Term Remaining

5+ Years

Building Size

±5,700 SF

INVESTMENT HIGHLIGHTS

Recently Exercised Extension Option | 2, 5-Year Options Remaining
Long Operating History | 15+ Years
National Leading Restaurant Group with Corporate-Backed Lease | Darden Restaurants, Inc. (NYSE: DRI) with FY22 Reported Sales: $9.63 Billion
Outparcel to the Promenade Bolingbrook | 780K+ SF Shopping Ranking in the Top 7% of Community Shopping Centers Nationwide

Proximity to I-355 & I-55 Interchange | 200,000+ VPD
Exceptional Demographics | 206K+ Population Earning $131K+ Avg. HHI within 5 Miles
Chicago MSA Acquisition Opportunity | 3rd Largest MSA in the Nation

Exclusively Listed By

Christian Tremblay

Vice President
ctremblay@northmarq.com +1 201.919.6148
IL Broker #475165868

Robin Borgeson

Associate
rborgeson@northmarq.com +1 847.867.0087
IL Broker #475208317

BJ Feller

Senior Vice President & Managing Director
bfeller@northmarq.com
IL Broker #471007951

Isaiah Harf

Regional Managing Director
iharf@northmarq.com
IL Broker #471019332

Mark Lovering

Associate Vice President
mlovering@northmarq.com

Jack Collins

Senior Associate
jcollins@northmarq.com

Josh Dicker

Senior Analyst
jdicker@northmarq.com

Russell Freeman

Analyst
rfreeman@northmarq.com

Sam Ray

Analyst
sray@northmarq.com

Northmarq

303 E Wacker Dr, Suite 1111
Chicago, IL 60601

northmarq.com