WestEnd Bar & Restaurant

1326 W Madison Street, Chicago, IL
Deal Type:
Net Lease
Price:
$6,853,448
Cap Rate:
5.80%
Current Rent:
$397,500
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 12.5 years
Renewal Options:
Four, 5-year options
Building Sq. Ft.:
14,853
Rent Increases:
2.00% annually
Site Size:
0.12 acres

Investment Highlights

  • Absolute NNN lease structure with 12.5 years remaining
  • Attractive annual rent increases
  • Core West Loop Chicago asset – Proximate to Google HQ, McDonald’s HQ, and others
  • No landlord maintenance responsibilities
  • Long-running successful restaurant and bar operator
  • Popular pre/post-event spot for the United Center (Chicago Bulls and Blackhawks)
  • 147,000 employees, 45,000 residents and average household incomes of $137,300 within 1 mile

Listing Agents

Graham Gold

Vice President
314 324 8792
Graham@stream-cp.com

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

Download Offering Memorandum

Please enter your first name, last name, email address and phone number in the text boxes. Please also indicate whether you are a Buyer or Broker. Once the form is submitted the offering memorandum will be emailed to you.

Are you a buyer or broker?

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.






X

Request Due Diligence Access

Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to Graham@stream-cp.com.

Once we receive your NDA, we will contact you with login information.

View/Download NDA in Word format

 I approve of the NDA

If you have made changes to the Word version of the NDA, please attach it here

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.






View All Listings