Triple-Net Restaurant Retail
For Sale
Contact for pricing
810-812 Grove Street, Evanston, IL 60201
Fully leased retail property occupied by two restaurant and café tenants under triple-net leases.
Property Size8,042 SF
Days on Market23
Property Features for 810-812 Grove Street
General Information
Standard status
Active
Size
8,042 SF
Property subtype
Retail
Zoning
D-2
Lease Type
NNN
Building Details
Year Built
1940
Listing Agency:
Frontline Real Estate Partners, LLC
(847) 542-9058
Listed By:
Matthew Tarshis · License #475156642
(847) 542-9058
Source:
Frontlinerepartners
Added: Jul 8
Changed: Jul 21
Last Checked: Jul 30 at 4:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners, LLC
Investment Insights
Based on property information with market context.
810–812 Grove Street is a fully leased retail investment offering income through two established restaurant and café tenants operating under triple-net (NNN) leases. The property is configured as a retail building and is currently occupied by Tian Bistro and Cupitol Coffee & Eatery.
Located in the heart of Downtown Evanston, the building sits within a dense retail corridor and provides immediate access to CTA and Metra transit. The asset is zoned D-2 (Downtown Retail Core District).
The property is 100% NNN leased and is currently generating a stated Net Operating Income (NOI) of $245,048.
Located in the heart of Downtown Evanston, the building sits within a dense retail corridor and provides immediate access to CTA and Metra transit. The asset is zoned D-2 (Downtown Retail Core District).
The property is 100% NNN leased and is currently generating a stated Net Operating Income (NOI) of $245,048.
Key Highlights
- 8,042 SF fully leased retail property at 810–812 Grove Street in downtown Evanston
- 100% NNN leased to two established restaurant and café operators: Tian Bistro and Cupitol Coffee & Eatery
- Current net operating income (NOI) of $245,048
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,406
Businesses Nearby
129k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 29%
Apparel 11%
McDonald's
Dining
31,792 visits/mo
0.3 miles
Dollar Tree
Shops & Services
20,710 visits/mo
0.4 miles
Starbucks
Dining
17,060 visits/mo
0.3 miles
Dunkin' Donuts
Dining
13,474 visits/mo
0.3 miles
Goodwill
Apparel
11,594 visits/mo
0.5 miles
Demographics for 60201, IL
44,652
Population
18,890
Households
2.4
Avg Household Size
33
Median Age
74%
College-Educated
97%
High-School Grad
4.5 sq mi
ZIP Area
9,923
Density / Sq Mi
$92,101
Median Household Income
$42,412
Median Earnings
$1,792
Median Rent
$577,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully leased retail property occupied by two restaurant and café tenants under triple-net leases.
Where is this conventional restaurant located?
The property is located at 810-812 Grove Street Evanston, IL.
What are key features of this property?
This property features: 8,042 SF fully leased retail property at 810–812 Grove Street in downtown Evanston; 100% NNN leased to two established restaurant and café operators: Tian Bistro and Cupitol Coffee & Eatery; Current net operating income (NOI) of $245,048
