Net-Leased Red Lobster
For Sale
Contact for pricing
3001 Finley Rd, Downers Grove, IL 60515
Absolute net-leased Red Lobster on a signalized corner fronting a Holiday Inn Express and long-term lease term remaining.
Property SizeContact for details
Days on Market120
Property Features for 3001 Finley Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Monument Retail
Listed By:
Daniel Brooker · License #VA 0225194753
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 4:53PM
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 Monument Retail
Investment Insights
Based on property information with market context.
Offered for sale is an absolute net leased Red Lobster restaurant located on the southwest corner of the signalized intersection of Butterfield Road and Finley Road in Downers Grove, Illinois. The lease has 18+ years remaining on the original 25-year absolute net term and includes two percent annual rental increases throughout the primary term and option periods.
The property is prominently situated in front of a 121-room Holiday Inn Express and is positioned along a dense retail corridor serving as a dining and shopping destination for Downers Grove.
This is a corporate-guaranteed, absolute net lease investment with remaining term of 18+ years.
The property is prominently situated in front of a 121-room Holiday Inn Express and is positioned along a dense retail corridor serving as a dining and shopping destination for Downers Grove.
This is a corporate-guaranteed, absolute net lease investment with remaining term of 18+ years.
Key Highlights
- Absolute net‑leased Red Lobster on a signalized southwest corner of Butterfield Road and Finley Road in Downers Grove, IL
- 18+ years remaining on an original 25‑year absolute net lease
- Lease includes 2% annual rental increases throughout the primary term and option periods (four, five‑year)
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,898
Businesses Nearby
501k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Apparel 19%
Shops & Services 18%
Home Improvements & Furnishings 11%
Portillo's
Dining
64,768 visits/mo
0.1 miles
Kohl's
Apparel
50,173 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
41,739 visits/mo
0.5 miles
Best Buy
Electronics
39,073 visits/mo
0.3 miles
Dollar Tree
Shops & Services
28,626 visits/mo
0.4 miles
Demographics for 60515, IL
29,278
Population
12,443
Households
2.4
Avg Household Size
43
Median Age
61%
College-Educated
98%
High-School Grad
11.8 sq mi
ZIP Area
2,481
Density / Sq Mi
$121,358
Median Household Income
$69,341
Median Earnings
$1,563
Median Rent
$453,300
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 - Absolute net-leased Red Lobster on a signalized corner fronting a Holiday Inn Express and long-term lease term remaining.
Where is this conventional restaurant located?
The property is located at 3001 Finley Rd Downers Grove, IL.
What are key features of this property?
This property features: Absolute net‑leased Red Lobster on a signalized southwest corner of Butterfield Road and Finley Road in Downers Grove, IL; 18+ years remaining on an original 25‑year absolute net lease; Lease includes 2% annual rental increases throughout the primary term and option periods (four, five‑year)
