1600 Bell School Rd
Cherry Valley, IL 61016
Alvarez Mexican Restaurant-Available To Lease · Property For Lease

Fully Equipped Freestanding Restaurant For Lease Cherry Valley, IL - Near CherryVale Mall! "Great Opportunity To Lease Fully Equipped For $7,500/Mth" Currently serving authentic Mexican cuisine. Full service. Dine in, carryout, curbside pickup or delivery through DoorDash, UberEats and Grubhub. Featuring a fully equipped kitchen, fully stocked bar and ample seating for 140, plus a private dining room for private parties and a full basement. Plus, 2 outdoor patio spaces (can also expand the patios if needed). Also, 5 video gaming machines. Masonry and brick one-story freestanding building on 1.94 acres. Large parking lot for 90 vehicles. New 25-ton HVAC unit. Well established restaurant location for over 26 years! Family owned and operated. Location: Prime retail space in a one-story freestanding restaurant with 90 parking spaces on 1.94 acres. At Bell School Rd and N Cherry Valley Blvd. Located near the intersection of US 20, Interstate 39 and Interstate 90. Anchored by Macy’s, JCPenny and more than 130 popular retail stores. Perfectly situated in the Rockford area, the 3rd largest city in IL outside of Chicago, conveniently located 65 miles northwest of O'Hare. The area is home to several Fortune 500 company facilities, 3 major medical facilities, as well as more than 15,000 other businesses. It's the best of big city and small-town living. Almost 30% of the US population lives within 500 miles of its borders! Year Established: 1995 Lease Information: Can lease fully equipped for $7,500/mth gross. New 5-year lease with options. Need to put down $21,000 (= first & last month’s rent + security deposit). Square Feet: 5,694 + Full Basement Seating: 140 Days/Hrs of Operation: Tu-Su 12n-8p (Closed Mondays) Owners Role: Absentee owner. Training: Negotiable for on-site training. Value of FF&E: Included In Asking Price Value of Inventory: Not Included In Asking Price Seller Financing Available: No Reasons for Selling: Retiring. Competition/Market: A cornerstone in the Rockford community and has been recognized for its outstanding Mexican cuisine, excellent service and friendly staff. Also known for its modern interpretation of classic dishes and its insistence on only using high quality fresh ingredients. Best margaritas in town. Local favorite Mexican restaurant in the Rockford area! Growth & Expansion: Successful restaurant location for over 25 years. Ideal high traffic site. Near the mall. In the premier retail corridor of the flourishing commercial area of this growing far northwest city. Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. Showings by appointment only. If interested, contact EatZ for more information. Listed by Ted Aretos at EatZ-Associates / EatZ Real Estate Group LLC