400 Town Center Rd
Matteson, IL 60443
Potbelly & American Mattress · Retail Property For Sale

The Boulder Group is pleased to exclusively market for sale a fully leased two-tenant property located within the Chicago MSA in Matteson, Illinois. The property is occupied by Potbelly Sandwich Works and American Mattress. The property is strategically positioned at a signalized entrance to a shopping center with easy access and excellent visibility along the area' s primary thoroughfare. The property was constructed in 2016 and features a drive-thru and outdoor patio seating for the restaurant space. There are more than 9 years remaining on both corporate guaranteed leases that feature 10% rental escalations in the primary terms and in each of their two 5-year renewal option periods. The 5,907 square foot building was constructed in 2016 and is located in the regional trade area. The property is situated on Lincoln Highway (Route 30) at the signalized entrance to the Matteson Town Center; a shopping center anchored by Toys R Us, Office Max, PetSmart and Chuck E. Cheese' s. The property has excellent visibility along Lincoln Highway, the areas primary east-west thoroughfare, which experiences traffic counts of 43,200 vehicles per day. The property is also less than one-quarter mile east of Interstate-57 with direct on and off access to the 87,700 vehicles per day that travel the thoroughfare. There are approximately 55,000 people living within a three mile radius of the property with average annual household incomes in excess of $74,200 per year.