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3300 South Cicero Avenue
Cicero, IL 60804
Asking Price
$5.38M
Cap Rate
6%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Retail | 6.00% CAP | 7,800 SqFt <ul><li><span style="color: rgba(0, 30, 69, 1)">Long Term Corporate Backed NNN Ground Lease Featuring 10% Rental Increases at Year 7 and Each Option. Brand New High Quality Construction - Latest Portillo’s Prototype w/ Double Dr-Thru.</span></li></ul><p></p><ul><li><span style="color: rgba(0, 30, 69, 1)">Chicagoland Portillo’s AUV is nearly Double any other Portillo’s Market AUV. This Location Generates more than $9M in Annual Sales, exceeding the Brand’s National Average.</span></li></ul><p><
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NOI
$80,000
Cap Rate
1.49%
DSCR
0.25
Underwater
Cash-on-Cash
-14.83%
Monthly Payment
$26,592.567
Annual Cash Flow
$-239,110.808
