28260 Diehl Rd
Warrenville, IL 60555
Red Robin · Retail Property For Sale

The subject property is a single-tenant Red Robin restaurant, a trophy retail asset positioned just off Interstate 88 on West Diehl Road in the world-class Cantera Development in Warrenville, Illinois. This revenue-generating, mixed-used, development has become Warrenville’s largest employment center, regional economic engine, and home to numerous corporations. The Cantera project includes a Regal Cantera Stadium 17 & RPX, Main Event Entertainment, a Super Target store, five hotels, a Life Time Fitness center, five banks, a daycare center, numerous corporate offices, two residential complexes, and many restaurants such as California Pizza Kitchen, Rock Bottom Restaurant, Eddie Merlot's Prime Aged Beef and Seafood, Twin Peaks Restaurant, Corner Bakery, Chuy’s, Buffalo Wild Wings, McDonald's, Chipotle, Starbucks, and Potbelly Sandwiches among others. Further enhancing the Cantera Development is a BP Corporate Campus, numerous medical office uses including the Northwestern Medicine Cancer Center, and the first proton therapy cancer treatment center in the State of Illinois. There is over 15.8-million square feet of office space in a Three-Mile Radius of the subject property. Thousands of new jobs have been made available, both through the construction and relocation of businesses, to the areas highly skilled and educated workforce. More than 5,000 people work in Cantera today (source: www.warrenville.il.us) with additional new development coming to the area. The subject property was built in 2001 and consists of an approximate 6,603-square foot retail building situated on approximately 1.34 acres of land*. The lease is Absolute Triple Net (NNN) in nature with zero landlord responsibilities whatsoever and contains four, five-year renewal options. Rent is scheduled to increase by ten-percent every five-years, including the option periods. Over the last 50 years Red Robin has enjoyed a tremendous following and continuous growth expanding to over 570 locations across the United States and Canada. Based in Greenwood Village, Colorado the company was incorporated in 1969 and is well-respected to this day garnering numerous awards including Forbes Lists for “Americas Best Employers 2018”, “Best Employers for Women 2018”, and “Best Employers for Diversity 2019”. Marcus & Millichap Steven D. Weinstock Broker of Record License: IL: 471.011175