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- LoopNet Team
5153 New Wilke Rd
Rolling Meadows, IL 60008
Equipped Restaurant Space - Equip Price $39k · Property For Lease
HIGHLIGHTS
- Freestanding Building With A Large Pole Sign, New Roof & Bathrooms And 40 Parking Spaces
- A Very Busy Retail Area That Includes Many Big Box Stores Such As Walmart, Lowes, Staples & Meijer + Many Other National Retailers
- Lease $6,210/Mth Gross Or $15.20 SqFt NNN + CAM + RET ($32,407 or $11.75 SqFt) - Landlord Will Give New 5-Year Lease w/Options
- On New Wilke Rd Between Algonquin Rd (Route 62) & Golf Rd (Route 58) With Over 30,000 VPD Each
- Also Surrounded By Many Office Buildings & Multiple Neighborhoods
- Potential For Liquor License & Video Gaming
PROPERTY FACTS
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Restaurant | Parking Ratio | 10/1,000 SF |
| Gross Leasable Area | 2,765 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,765 SF |
| Year Built | 1998 |
| Parking Ratio | 10/1,000 SF |
ABOUT THE PROPERTY
Fully-Equipped Restaurant For Lease Rolling Meadows, IL - $39,000 For FF&E! Fully-equipped restaurant available. Previously an authentic Mexican restaurant. Full kitchen with exhaust hood, full kitchen line and walk-in cooler & freezer. Ample seating inside and out. Fenced-in outdoor patio. Asking $39,000 for furniture, fixtures and equipment (FF&E). Location: Prime retail space in a freestanding building with a large pole sign and 40 parking spaces. Features a new roof and new bathrooms. Boasts great signage, visibility and access. Perfectly situated on New Wilke Rd between Algonquin Rd (Route 62) and Golf Rd (Route 58) with over 30,000 vehicles per day on each road. Adjacent Burger King and across Hickory Roasters, Grande Jake’s Fresh Mexican Grill and Isabella’s Café. A very busy retail area that includes many big box stores such as Walmart, Lowes, Staples and Meijer, plus many other national retailers. Also surrounded by many office buildings and multiple neighborhoods. Year Established: 1998. Lease Information: Leased space $6,210/mth gross or $15.20 SqFt NNN + CAM + RET. 2020 real estate taxes $32,407 or $11.75 SqFt. Landlord will give a new 5-year lease with options. Square Feet: 2,765. Seating: 70 Inside & 25 Outside. Days/Hrs of Operation: Currently Closed. Owners Role: Absentee. Seller Financing Available: No. Reasons for Selling: Space available - looking for a tenant. Competition/Market: Well established restaurant location for over 24 years. In a heavily populated northwest suburb! Growth & Expansion: Near the corner of two major roads with heavy traffic counts at a prime retail intersection. Potential to add liquor and video gaming. Feel free to stop by the location first. This is a highly confidential listing. If interested, contact EatZ for more information. Showings by appointment only. Listed by Tom Traina at EatZ & Associates / EatZ Real Estate Group LLC
- Bus Line
- Restaurant
- Signage
- Air Conditioning
