880 S Barrington Rd
Streamwood, IL 60107
Egg Basket Pancake House and Restaurant · Retail Property For Sale

Marcus & Millichap is pleased to present a single tenant, net-leased restaurant located in Streamwood, Illinois. Egg Basket Pancake House has operated in the area for over 15 years, and moved into the subject property in 2014 due to the strength and long-term viability of this location. In addition, the owner has 50 years of experience in the industry. This tenant is operating on an absolute NNN lease with zero landlord responsibilities, allowing for true passive ownership. Egg Basket Pancake House is currently paying a below market rent of $19.16 per square foot. As such, an investor can take comfort in having a long-term tenant history in addition to the security of having a modest rent. Demographics for the area are very strong. Within a three-mile radius there is a population of over 120,000 and an average household income of $83,000. Traffic counts along Barrington Road exceed 28,000 vehicles per day. The immediate area is home to many successful national retailers. Some of these retailers include: Walmart Supercenter, Sam' s Club, Menards,Kohl' s, Target, Michael' s, Ross Dress for Less, Jewel-Osco, Ulta, Petsmart, Panera Bread, Noodles & Co., and Chick-fil-A, as well as many other businesses.