Restaurant
Biaggi's Ristorante Italiano | New 15-Year Sale Leaseback
3010 E Empire St, Bloomington, IL 61704
Listing Price: $6,307,692
Investment Overview
Built-To-Suit for Biaggi’s Ristorante Italiano’s 4-Mile Relocation in 2019 in Order to Keep Up with Customer Demand | Mission Critical Location for Biaggi’s – Flagship Site with Corporate Test Kitchen | Number 1 Performing Site in Biaggi’s Corporate Chain
Operational History of 24 Years in Bloomington Market | Biaggi’s Ristorante Italiano Maintains Industry-Leading Average Unit Volumes | This Site Reports Extremely High Performing Sales – See Agents for Details | Biaggi’s Has 16 Locations in 8 States
15-Year Absolute NNN Lease to be Signed at Close of Escrow with Corporate Guarantee from a Successful and Experienced Multiple Concept Operator
College Town: 4 Miles from Illinois Wesleyan University (2,091 Students) | 5 Miles from Illinois State University (20,683 Students)
3 Miles from State Farm Mutual Insurance Company Headquarters | Employs over 15,000 people in the Area
3 Miles from Shoppes at College Hill Lifestyle Retail Center Complex | 4.7M Visitors Annually | Top 5% of Regional Malls Nationwide and Statewide in Foot Traffic per Placer.ai
Prime Location on E Empire Street (18,400 VPD) – Main Retail Artery to Downtown Bloomington | 7.5 Miles from I-55 Interchange (44,400 VPD) and I-74 Interchange (32,200 VPD)
Ideal Demographics for Tenant: $126,861 Average Household Income Within 1 Mile | 5-Mile Daytime Population is 152,659
Investment Highlights
- Three Miles from Shoppes at College Hill Lifestyle Retail Center Complex | 4.7M Visitors Annually | Top Five Percent of Regional Malls Nationwide and Statewide in Foot Traffic per Placer.ai
- 15-Year Absolute NNN Lease to be Signed at Close of Escrow with Corporate Guarantee from a Successful and Experienced Multiple Concept Operator
- Built-To-Suit for Biaggi's Ristorante Italiano's Four-Mile Relocation in 2019 in Order to Keep Up with Customer Demand | Flagship Site with Corporate Test Kitchen
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager
Restaurant
Biaggi's Ristorante Italiano | New 15-Year Sale Leaseback
Listing Price: $6,307,692
Investment Highlights
- Three Miles from Shoppes at College Hill Lifestyle Retail Center Complex | 4.7M Visitors Annually | Top Five Percent of Regional Malls Nationwide and Statewide in Foot Traffic per Placer.ai
- 15-Year Absolute NNN Lease to be Signed at Close of Escrow with Corporate Guarantee from a Successful and Experienced Multiple Concept Operator
- Built-To-Suit for Biaggi's Ristorante Italiano's Four-Mile Relocation in 2019 in Order to Keep Up with Customer Demand | Flagship Site with Corporate Test Kitchen
Investment Overview
Built-To-Suit for Biaggi’s Ristorante Italiano’s 4-Mile Relocation in 2019 in Order to Keep Up with Customer Demand | Mission Critical Location for Biaggi’s – Flagship Site with Corporate Test Kitchen | Number 1 Performing Site in Biaggi’s Corporate Chain Operational History of 24 Years in Bloomington Market | Biaggi’s Ristorante Italiano Maintains Industry-Leading Average Unit Volumes | This Site Reports Extremely High Performing Sales – See Agents for Details | Biaggi’s Has 16 Locations in 8 States 15-Year Absolute NNN Lease to be Signed at Close of Escrow with Corporate Guarantee from a Successful and Experienced Multiple Concept Operator College Town: 4 Miles from Illinois Wesleyan University (2,091 Students) | 5 Miles from Illinois State University (20,683 Students) 3 Miles from State Farm Mutual Insurance Company Headquarters | Employs over 15,000 people in the Area 3 Miles from Shoppes at College Hill Lifestyle Retail Center Complex | 4.7M Visitors Annually | Top 5% of Regional Malls Nationwide and Statewide in Foot Traffic per Placer.ai Prime Location on E Empire Street (18,400 VPD) – Main Retail Artery to Downtown Bloomington | 7.5 Miles from I-55 Interchange (44,400 VPD) and I-74 Interchange (32,200 VPD) Ideal Demographics for Tenant: $126,861 Average Household Income Within 1 Mile | 5-Mile Daytime Population is 152,659
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager

