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Restaurant

Portillo's Ground Lease with Drive-Thru | (NASDAQ: PTLO)

3300 S Cicero Ave, Cicero (Chicago MSA), IL 60804

Listing Price: $6,450,000

Tenant Name
Portillo's
Years Remaining On Lease
12.0
Guarantor
Corporate Guarantee
Rentable SF
7,796
Lease Type
NNN Ground Lease

Investment Overview

Marcus & Millichap is pleased to present the Portillo's Ground Lease s in Cicero (Chicago MSA), IL.

Investment Highlights

  • 12-Year Absolute NNN Ground Lease, Rental Increases in the Base Term and Options
  • Corporate Guaranty (NASDAQ: PTLO) with 72+ Locations in 9 States
  • Average Unit Sales for Portillo's is Approximately $8.5 Million, the Highest in the Fast-Casual Industry
  • Chicagoland Locations Average Annual Sales Just Shy of $10 Million
  • Brand New High-Quality Construction, Latest Prototype with Double Drive-Thru
  • Trophy Location on Oversized 2.8+ Acre Parcel with High Intrinsic Land Value
  • Urban Infill Chicago Suburb, Over 818,000 Residents within a 5-Mile Radius
  • Hard Corner Location at Signalized Intersection, Highly Visible Along Major North/South Artery with 38,300 Cars/Day

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

Restaurant

Portillo's Ground Lease with Drive-Thru | (NASDAQ: PTLO)

Listing Price: $6,450,000

Tenant Name
Portillo's
Years Remaining On Lease
12.0
Guarantor
Corporate Guarantee
Rentable SF
7,796
Lease Type
NNN Ground Lease

Investment Highlights

  • 12-Year Absolute NNN Ground Lease, Rental Increases in the Base Term and Options
  • Corporate Guaranty (NASDAQ: PTLO) with 72+ Locations in 9 States
  • Average Unit Sales for Portillo's is Approximately $8.5 Million, the Highest in the Fast-Casual Industry
  • Chicagoland Locations Average Annual Sales Just Shy of $10 Million
  • Brand New High-Quality Construction, Latest Prototype with Double Drive-Thru
  • Trophy Location on Oversized 2.8+ Acre Parcel with High Intrinsic Land Value
  • Urban Infill Chicago Suburb, Over 818,000 Residents within a 5-Mile Radius
  • Hard Corner Location at Signalized Intersection, Highly Visible Along Major North/South Artery with 38,300 Cars/Day

Investment Overview

Marcus & Millichap is pleased to present the Portillo's Ground Lease s in Cicero (Chicago MSA), IL.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

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