500 E Rollins Rd Round Lake Beach, IL

This is a fee simple interest (land and building ownership) opportunity to acquire a NNN high-performing, corporate signed Buffalo Wild Wings investment property located in Round Lake Beach, Illinois. The lease was recently assumed by the corporate entity, Blazin Wings Inc., and the Tenant recently exercised its 5-year option at a $23,700 increase (15% increase) to a below-market rent of $181,700 ($18.17 PSF), dedicating their commitment to the site. The tenant has 1 (5-year) option remaining in 2029 with a 15% rental increase to $20.90 PSF, providing the future Landlord the opportunity to mark rent to market rent of over $30 PSF by 2034. This location reported strong sales of $3.58 million ($358 PSF) in 2023, which is above the chain’s national average of $3.19 million, and represents a low rent-to-sales ratio of 5.1%, and 5% YoY sales growth over the past two years. The property is suitable for restaurants and retail properties.