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Restaurant

Eddie Merlot's (Dividend Restaurant Group) | Solid Rent-to-Sales Ratio

28254 Diehl Rd, Warrenville, IL 60555

Listing Price: $2,571,000

Cap Rate
7.00%
Tenant Name
Eddie Merlot's
Years Remaining On Lease
4.6
Gross SF
9,421
Guarantor
Corporate Guarantee
Rentable SF
9,421
Price/Gross SF
$272.90
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.11

Investment Overview

Marcus & Millichap is pleased to exclusively present Eddie Merlot's (Dividend Restaurant Group). Eddie Merlot's stands as a cornerstone of prime real estate in the heart of DuPage County, nestled within one of Chicagoland's most coveted submarkets. This triple net leased restaurant boasts a stellar rent-to-sales ratio, anchoring its reputation as an award-winning steakhouse with potential global expansion plans. Since 2012, its enduring presence has been a testament to its long operating history. At a modest rental rate of $19.11 per square foot and zero landlord responsibilities, investors enjoy stable returns. Positioned adjacent to retail giants like Target and Life Time Fitness, and outlot to entertainment hubs like Main Event and Cinemark Theaters, it capitalizes on a strategic location. Moreover, it thrives amid a bustling employment landscape, with major corporations like Liberty Mutual, Edward Elmhurst/Endeavor Health, and RR Donnelley in close proximity. With a affluent and growing population, coupled with its accessibility to Interstate 88 and other major thoroughfares, Eddie Merlot's epitomizes a lucrative real estate opportunity in a thriving market poised for continued growth.

Investment Highlights

  • Triple Net Leased Restaurant with Solid Rent-to-Sales Ratio | Modest Rental Rate of $19.11 per Square Foot
  • Long Operating History | Tenant Since 2012
  • Adjacent to Target and Life Time Fitness | Outlot to Main Event and Cinemark Theaters
  • Ideal DuPage County Location | One of the Most Desirable Submarkets in Chicagoland
  • Prime Location Near Interstate 88, Entertainment, and Corporate Parks | Roughly a Half Mile from Interstate 88's Interchange | 141,300 Vehicles Passing Daily
  • Within a Mile the Average Household Income is $174,979
  • The Population Within a Mile has Expanded Over 19 Percent Since 2000

Exclusively Listed By

Financing By

Restaurant

Eddie Merlot's (Dividend Restaurant Group) | Solid Rent-to-Sales Ratio

Listing Price: $2,571,000

Cap Rate
7.00%
Tenant Name
Eddie Merlot's
Years Remaining On Lease
4.6
Gross SF
9,421
Guarantor
Corporate Guarantee
Rentable SF
9,421
Price/Gross SF
$272.90
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.11

Investment Highlights

  • Triple Net Leased Restaurant with Solid Rent-to-Sales Ratio | Modest Rental Rate of $19.11 per Square Foot
  • Long Operating History | Tenant Since 2012
  • Adjacent to Target and Life Time Fitness | Outlot to Main Event and Cinemark Theaters
  • Ideal DuPage County Location | One of the Most Desirable Submarkets in Chicagoland
  • Prime Location Near Interstate 88, Entertainment, and Corporate Parks | Roughly a Half Mile from Interstate 88's Interchange | 141,300 Vehicles Passing Daily
  • Within a Mile the Average Household Income is $174,979
  • The Population Within a Mile has Expanded Over 19 Percent Since 2000

Investment Overview

Marcus & Millichap is pleased to exclusively present Eddie Merlot's (Dividend Restaurant Group). Eddie Merlot's stands as a cornerstone of prime real estate in the heart of DuPage County, nestled within one of Chicagoland's most coveted submarkets. This triple net leased restaurant boasts a stellar rent-to-sales ratio, anchoring its reputation as an award-winning steakhouse with potential global expansion plans. Since 2012, its enduring presence has been a testament to its long operating history. At a modest rental rate of $19.11 per square foot and zero landlord responsibilities, investors enjoy stable returns. Positioned adjacent to retail giants like Target and Life Time Fitness, and outlot to entertainment hubs like Main Event and Cinemark Theaters, it capitalizes on a strategic location. Moreover, it thrives amid a bustling employment landscape, with major corporations like Liberty Mutual, Edward Elmhurst/Endeavor Health, and RR Donnelley in close proximity. With a affluent and growing population, coupled with its accessibility to Interstate 88 and other major thoroughfares, Eddie Merlot's epitomizes a lucrative real estate opportunity in a thriving market poised for continued growth.

Exclusively Listed By

Financing By

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