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Published on: Monday, August 19, 2024
Updated on: Monday, August 19, 2024
About the Lister
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Name: Nicholas Sarris
Company: Anchor Point Capital
Office Phone: 949-438-0052
Cell Phone: 949-438-0052
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Financing  Business  Material

  Hotshots & Sake Sushi

1319 Central Park Dr O Fallon Illinois , 62269
1319 Central Park Dr O Fallon Illinois , 62269  Anchor Point Capital
Listing ID: CL-Illinois-11423 Restaurant /Retail

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Illinois-11423
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 2003
Building Size: 8,993.00 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: 130
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
NNN Restaurant Building | Strong Sales Report · Retail Property For Sale
Complete Details
Year Build: 2003
Building Size: 8,993 SqFt.
No of Stories: 1
Total Lot Area: N/A SqFt.
No of Parking: 130
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
Early Extensions Recently Executed by Both Tenants; Long Term Occupancy History; Both Tenants Have Over 10yrs of Occupancy Strong Tenant Commitment; Both Tenants Have Extensive FF&E and Have Exercised their Lease Renewals Multiple Times; On Nearly 2 Acre lot 39% Population Growth within 1 Mile; Strong demographics Over $103,533 AHHI within 3-mile Radius; Approximately 70% Home Ownership Tenant Responsibilities Include Taxes, Insurance, CAM, HVAC, and Parking Lot; Recent Capital Expenditure Included New Parking Lot HotShots Sports Bar & Grill - Strong Reported Sales Over $2.3M (6.3% RTS); Sake Sushi - Lease since 2006, Personal Guarantee by Operator Located Along a Busy Retail Corridor with Great Visibility from Both US HWY 50 and Central Park Dr; Over 50,000 VPD
Additional Properties
Property Highlights
  • Dedicated Turn Lane, Freeway Visibility, Signage
Listing Location
Lister's other Properties
Title: Burger King
Address: 2840 W North Ave , Chicago Illinois 60647
Listing ID: CL-Illinois-12476
Listing Type: Commercial
Category: Retail - Restaurant
Status: Accepting Offers
Created On: 10/18/2024
Modified On: 10/18/2024
2840 W North Ave , Chicago Illinois 60647
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