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P.F. Chang's Absolute NNN Ground Lease
For Sale
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2361 Fountain Square Dr, Lombard, IL 60148

Restaurant ground lease near Yorktown Center Mall with Interstate 88 access.

Property SizeContact for details
Days on Market144

Property Features for 2361 Fountain Square Dr

General Information

Standard status Active
Property subtype Retail

Additional Details

Highway Access Yes
Listing Agency: Northmarq Capital, LLC
Listed By: BJ Feller · License #IL 471007951
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 9:09AM

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 Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

The offering consists of a ground lease interest associated with the P.F. Chang’s restaurant at 2361 Fountain Square Drive in Lombard, Illinois. The lease is structured as absolute NNN, with no landlord responsibilities identified in the property information. Its term was extended through December 31, 2024, and the tenant accepted an increase to the base rent.

The restaurant operates within Fountain Square of Lombard Shopping Center near Butterfield Road, with access to Interstate 88 and Chicago. Yorktown Center Mall is adjacent and includes more than 150 stores and 20 restaurants, attracting over 9 million shoppers annually. Lombard also contains 41 million square feet of office space and more than 330,000 workers.

Key Highlights

  • Absolute NNN lease structure with no landlord responsibilities
  • Ground lease term extended through December 31, 2024
  • P.F. Chang’s restaurant at 2361 Fountain Square Drive in Lombard, IL

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Barber Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,684
Businesses Nearby
403k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 34% Dining 34% Apparel 28% Hotels & Casinos 2%
Target Superstores
137,104 visits/mo 0.5 miles
DICK'S Sporting Goods Apparel
106,226 visits/mo 0.2 miles
Chick-fil-A Dining
43,687 visits/mo 0.5 miles
Yard House Dining
29,828 visits/mo 0.1 miles
Benihana Dining
15,044 visits/mo 0.4 miles

Demographics for 60148, IL

52,794
Population
21,744
Households
2.4
Avg Household Size
40
Median Age
48%
College-Educated
96%
High-School Grad
13.8 sq mi
ZIP Area
3,826
Density / Sq Mi
$96,606
Median Household Income
$53,675
Median Earnings
$1,805
Median Rent
$328,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Restaurant ground lease near Yorktown Center Mall with Interstate 88 access.
Where is this nnn property located?
The property is located at 2361 Fountain Square Dr Lombard, IL.
What are key features of this property?
This property features: Absolute NNN lease structure with no landlord responsibilities; Ground lease term extended through December 31, 2024; P.F. Chang’s restaurant at 2361 Fountain Square Drive in Lombard, IL
More about this property
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