Skip to main content

Restaurant

Ancho & Agave

3010 E Empire St, Bloomington, IL 61704

Listing Price: $4,814,815

Cap Rate
6.75%
Tenant Name
Ancho & Agave
Gross SF
8,750
Guarantor
Corporate Guarantee
Rentable SF
8,750
Price/Gross SF
$550.26
Lease Type
Absolute Net
Rent Per Square Feet
$37.14

Investment Overview

Built-To-Suit for Ancho & Agave in 2019 | Owner has an Operational History of 25 years in Bloomington Market | Ancho & Agave Operates Five High-Volume Locations in Three States with an Additional Two Locations Opening This Year in Lee’s Summit, MO and Naperville, IL

Ancho & Agave Maintains Industry-Leading Average Unit Volumes | This Site Reports Extremely High Sales – See Agents for Details

15-Year Absolute NNN Lease to be Signed at Close of Escrow with Corporate Guarantee from a Successful and Experienced Multiple Concept Operator | Ancho & Agave is 21 Percent Owned by Biaggi’s Corporate

College Town: Four Miles from Illinois Wesleyan University (1,526 Students) | Five Miles from Illinois State University (21,546 Students)

Three Miles from State Farm Mutual Insurance Company Headquarters | Employs over 15,000 People in the Area

Three Miles from Shoppes at College Hill Lifestyle Retail Center Complex | 5M Visitors Annually | Top 7 Percent of Community Shopping Centers Nationwide and Top 5 Percent Statewide in Foot Traffic per Placer.ai | #1 Community Shopping Center in 50 Miles

Prime Location on E Empire Street and Airport Road (29,150 Combined VPD) | 7.5 Miles from I-55 Interchange (60,500 Combined VPD) and I-74 Interchange (53,000 Combined VPD)

Ideal Demographics for Tenant: $127,077 Average Household Income Within Three Miles | Five-Mile Daytime Population is 146,409

Investment Highlights

  • 15-Year Absolute NNN Lease to be Signed at COE | Corporate Guarantee from Multi-Concept Operator with 25+ Years in Bloomington Market
  • Affluent Area: Five-Mile Average Household Income is $127,077 | Ideal Demographics: Five-Mile Daytime Population is 146,409
  • Ancho & Agave Maintains Industry-Leading Average Unit Volumes | This Site Reports Extremely High Sales - See Agents for Details

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Restaurant

Ancho & Agave

Listing Price: $4,814,815

Cap Rate
6.75%
Tenant Name
Ancho & Agave
Gross SF
8,750
Guarantor
Corporate Guarantee
Rentable SF
8,750
Price/Gross SF
$550.26
Lease Type
Absolute Net
Rent Per Square Feet
$37.14

Investment Highlights

  • 15-Year Absolute NNN Lease to be Signed at COE | Corporate Guarantee from Multi-Concept Operator with 25+ Years in Bloomington Market
  • Affluent Area: Five-Mile Average Household Income is $127,077 | Ideal Demographics: Five-Mile Daytime Population is 146,409
  • Ancho & Agave Maintains Industry-Leading Average Unit Volumes | This Site Reports Extremely High Sales - See Agents for Details

Investment Overview

Built-To-Suit for Ancho & Agave in 2019 | Owner has an Operational History of 25 years in Bloomington Market | Ancho & Agave Operates Five High-Volume Locations in Three States with an Additional Two Locations Opening This Year in Lee’s Summit, MO and Naperville, IL Ancho & Agave Maintains Industry-Leading Average Unit Volumes | This Site Reports Extremely High Sales – See Agents for Details 15-Year Absolute NNN Lease to be Signed at Close of Escrow with Corporate Guarantee from a Successful and Experienced Multiple Concept Operator | Ancho & Agave is 21 Percent Owned by Biaggi’s Corporate College Town: Four Miles from Illinois Wesleyan University (1,526 Students) | Five Miles from Illinois State University (21,546 Students) Three Miles from State Farm Mutual Insurance Company Headquarters | Employs over 15,000 People in the Area Three Miles from Shoppes at College Hill Lifestyle Retail Center Complex | 5M Visitors Annually | Top 7 Percent of Community Shopping Centers Nationwide and Top 5 Percent Statewide in Foot Traffic per Placer.ai | #1 Community Shopping Center in 50 Miles Prime Location on E Empire Street and Airport Road (29,150 Combined VPD) | 7.5 Miles from I-55 Interchange (60,500 Combined VPD) and I-74 Interchange (53,000 Combined VPD) Ideal Demographics for Tenant: $127,077 Average Household Income Within Three Miles | Five-Mile Daytime Population is 146,409

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

MM Texture Background
MM Textured Background Lower