Giordano's Restaurant 17W280 22nd St 7,397 SF Retail Building Oakbrook Terrace, IL 60181 $4,230,700 ($571.95/SF) 7% Cap Rate

CBRE’s National Retail Partners – Midwest is pleased to present to qualified investors the opportunity to acquire a 100% fee simple interest in a single-tenant Giordano’s located in one of Chicago’s distinguished suburbs of Oak Brook, Illinois (The “Property”).
Giordano’s reports strong sales at this location, suggesting a strong probability of tenant renewal. In the unlikely scenario that Giordano elects not to exercise their renewal option, the Property presents a prime redevelopment opportunity in one of Chicago’s most sought-after retail submarkets. Future ownership has the unique ability to collect steady rental income from Giordano’s until their lease expiration while positioning the space for future redevelopment.
Oak Brook is an affluent western suburb located approximately 20 miles west of downtown Chicago and is home to the best retail and office environment in the suburban Midwest. The immediate area is surrounded by some of the most desirable residential, office, and retail communities in suburban Chicago, including Elmhurst, Oakbrook Terrace, Hinsdale, LaGrange, Western Springs, and Clarendon Hills. Oakbrook has long been recognized as one of the most prestigious areas to live and work within Suburban Chicago due to its proximity to downtown, dynamic and cutting-edge restaurant and shopping options, quick access to Chicago’s highly developed expressway system, top-ranked school system, and outstanding quality of life.