NNN Restaurant
New
For Sale
$4,298,000
2855 W Ogden Ave, Naperville, IL 60540
The Absolute NNN lease assigns property taxes, insurance, and maintenance to the tenant.
Property Size6,220 SF
Days on Market2
Property Features for 2855 W Ogden Ave
General Information
Standard status
Active
Size
6,220 SF
Property subtype
Retail
Zoning
B2 - PUD
Occupancy
100%
Additional Details
Tenant in Place
Yes
Building Details
Building Size
6,220 SF
Year Built
1994
Stories
1
Tenancy
Single
Listing Agency:
SRS Industrial - Newport Beach
Listed By:
Matthew Mousavi · License #CA 01732226
(714) 404-8849
Source:
Srsre
Added: Oct 30
Last Checked: Oct 30 at 3:00PM
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 SRS Industrial - Newport Beach
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Investment Insights
Based on property information with market context.
Built in 1994, this restaurant property in Naperville is occupied by Outback Steakhouse under an Absolute NNN lease with a corporate guarantee. The lease began in March 2017 and has more than 5 years remaining in its current 15-year term, with 4 options of 5 years each.
Annual rent increases are 1.0% during the base term and the first two option periods. In the third option period, rent resets to fair market value, followed by annual 1.0% increases. The tenant is responsible for property taxes, insurance, and maintenance. The property is zoned B2 - PUD and is located at 2855 W Ogden Ave in Naperville, Illinois.
Annual rent increases are 1.0% during the base term and the first two option periods. In the third option period, rent resets to fair market value, followed by annual 1.0% increases. The tenant is responsible for property taxes, insurance, and maintenance. The property is zoned B2 - PUD and is located at 2855 W Ogden Ave in Naperville, Illinois.
Key Highlights
- Absolute NNN lease with corporate guarantee
- More than 5 years remain in the current 15‑year lease term
- 4 extension options of 5 years each
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,213
Businesses Nearby
551k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 31%
Shops & Services 23%
Home Improvements & Furnishings 19%
Groceries 17%
Whole Foods Market
Groceries
64,418 visits/mo
0.5 miles
DICK'S Sporting Goods
Apparel
57,643 visits/mo
0.5 miles
Menards
Home Improvements & Furnishings
50,714 visits/mo
0.5 miles
Burlington
Apparel
41,879 visits/mo
0.4 miles
HomeGoods
Home Improvements & Furnishings
40,273 visits/mo
0.5 miles
Demographics for 60540, IL
44,201
Population
16,253
Households
2.7
Avg Household Size
41
Median Age
72%
College-Educated
98%
High-School Grad
13.2 sq mi
ZIP Area
3,349
Density / Sq Mi
$155,866
Median Household Income
$70,026
Median Earnings
$1,982
Median Rent
$504,900
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - The Absolute NNN lease assigns property taxes, insurance, and maintenance to the tenant.
Where is this nnn property located?
The property is located at 2855 W Ogden Ave Naperville, IL.
What is the asking price?
The asking price for this property is $4,298,000.
What are key features of this property?
This property features: Absolute NNN lease with corporate guarantee; More than 5 years remain in the current 15‑year lease term; 4 extension options of 5 years each
