MarketPlace Grill

1, Conway Arkansas, 72032

Listing ID: CL-Illinois-12475 Commercial Restaurant Retail
Published on: Friday, October 18, 2024 | Updated on: Friday, January 2, 2026

Listing Summary

Excellent Single Tenant Investment Opportunity . Recently Executed 10 Year Lease Extension; 8.5+ Years Remaining on Lease Term. 1% Annual Rent Increases with 3 - 5 Year Renewal Options

Full Description

Excellent Single Tenant Investment Opportunity · Recently Executed 10 Year Lease Extension; 8.5+ Years Remaining on Lease Term · 1% Annual Rent Increases with 3 - 5 Year Renewal Options · Strong Sales Reported: $2.49M in FY 2023 · Over 25 Years of Operating History at this Location; Landmark Restaurant in Conway, AR · New Long Term Billboard Lease Recently Signed (Contact Broker for more Details) · Situated on 1.99-acre lot; Offering Includes Additional Adjacent 1.68-acre Lot for Future Development

Quick Glance

  • Listing ID: CL-Illinois-12475
  • Status: Inactive
  • Year Build: 2004
  • Building Size: 2,911 SqFt
  • Lot Size: N/A

Additional Links

Property Documents

No documents available.

Complete Details

  • Year Build: 2004
  • Building Size: 2,911 SqFt
  • No of Parking: 34
  • Heating and Cooling: Not Specified
  • Occupancy: 100

Pricing Details

Additional Features

Features
  • Outstanding Location in Chicago, IL
  • ⚓ Dense Infill Location; Over 1,200,000 People within 5 Miles
  • ⚓ Affluent Neighborhood in Chicago; Average Household Income Exceeds $120,000 within 1 Mile
  • ⚓ Located Along Hwy 64 (North Ave) with Visibility to over 21,000 Cars per Day
  • ⚓ Nearby National Retailers include Walgreens, Chipotle, McDonalds, Family Dollar, & AutoZone
Highlights
  • ⚓ Less than 20 Minute Drive to Downtown Chicago
  • ⚓ Food & Alcohol is the #1 Consumer Spending Expenditure within 1 Mile
  • ⚓ Nearby National Retailers include Walgreens, Chipotle, McDonalds, Family Dollar, & AutoZone
  • ⚓ Top 3% Burger King in the Nation, according to Placer.ai

Listing Location

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