Restaurant
Tropical Smoothie Cafe
955 Country Club Rd, Woodstock, IL 60098
Listing Price: $1,334,000
Cap Rate
6.50%
Tenant Name
Tropical Smoothie Cafe
Gross SF
1,825
Guarantor
Franchisee Guarantee
Rentable SF
1,825
Price/Gross SF
$730.96
Lease Type
Absolute Net
Rent Per Square Feet
$47.50
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Tropical Smoothie Cafe in Woodstock, IL
Tropical Smoothie Cafe
Investment Highlights
- LOW PRICE POINT NNN SALE LEASEBACK WITH 10+ YEARS REMAINING
- OUTPARCEL TO JEWEL-OSCO - GROCERY ANCHORED SHOPPING CENTER
- OUTPARCEL TO JEWEL-OSCO - GROCERY ANCHORED SHOPPING CENTER
- PROFITABLE LOCATION WITH STRONG STORE LEVEL FINANCIALS (2.06X EBITDAR COVERAGE)
- SALE LEASEBACK GUARANTEED BY A 21-UNIT ENTITY OPERATED BY AN ESTABLISHED 34-LOCATION FRANCHISEE
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago
Listing Price: $1,334,000
Cap Rate
6.50%
Tenant Name
Tropical Smoothie Cafe
Gross SF
1,825
Guarantor
Franchisee Guarantee
Rentable SF
1,825
Price/Gross SF
$730.96
Lease Type
Absolute Net
Rent Per Square Feet
$47.50
Investment Highlights
- LOW PRICE POINT NNN SALE LEASEBACK WITH 10+ YEARS REMAINING
- OUTPARCEL TO JEWEL-OSCO - GROCERY ANCHORED SHOPPING CENTER
- OUTPARCEL TO JEWEL-OSCO - GROCERY ANCHORED SHOPPING CENTER
- PROFITABLE LOCATION WITH STRONG STORE LEVEL FINANCIALS (2.06X EBITDAR COVERAGE)
- SALE LEASEBACK GUARANTEED BY A 21-UNIT ENTITY OPERATED BY AN ESTABLISHED 34-LOCATION FRANCHISEE
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Tropical Smoothie Cafe in Woodstock, IL
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago
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