51 McHenry Rd | Buffalo Grove, IL 60089
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- LoopNet Team
51 McHenry Rd
Buffalo Grove, IL 60089
Lazy Dog · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20-year sale-leaseback opportunity featuring 10% rental increases every 5 years
- Pad to ~300,000 SF Jewel-Osco-anchored mall – The Grove
- Zero landlord maintenance or expense obligations
- Corporate guaranty from tenant’s parent company – Lazy Dog Restaurants, LLC
- Signalized hard corner location at heavily trafficked intersection – 51,000+ VPD
- FY 2024 revenues totaled $400M and 2025 revenues are on pace to surpass 2024 (ask Agent for more details)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,060 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.86 AC
Zoning
B-2 - Business District, General Retail
Frontage
68’ on Illinois 83
PROPERTY TAXES
| Parcel Number | 15-33-301-175 | Improvements Assessment | $0 |
| Land Assessment | $147,057 | Total Assessment | $147,057 |
PROPERTY TAXES
Parcel Number
15-33-301-175
Land Assessment
$147,057
Improvements Assessment
$0
Total Assessment
$147,057
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