Absolute NNN Restaurant
For Sale
Contact for pricing
Pending
4839 W 111th Street, Alsip, IL 60803
Corporate-guaranteed occupancy is supported by a long-term lease with no landlord responsibilities.
Property SizeContact for details
Days on Market146
Property Features for 4839 W 111th Street
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Patrick R. Luther, CCIM · License #01912215
(480) 221-4221
Source:
Crexi
Added: Apr 10
Changed: Sep 1
Last Checked: Sep 1 at 5:55AM
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 Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The property includes fee simple ownership of the land and building occupied by a Bakers Square Restaurant & Bakery in Alsip, Illinois. The restaurant has operated at this site for over 18 years, providing an established physical use for the property.
The lease is structured as absolute NNN with zero landlord responsibilities and includes a corporate guarantee from American Blue Holdings, LLC. Ten years remain on the current term, followed by three five-year extension options. American Blue Holdings operates more than 520 restaurant locations and is identified as the eighth-largest full-service restaurant holding company in the United States. The property is located within the Chicago MSA.
The lease is structured as absolute NNN with zero landlord responsibilities and includes a corporate guarantee from American Blue Holdings, LLC. Ten years remain on the current term, followed by three five-year extension options. American Blue Holdings operates more than 520 restaurant locations and is identified as the eighth-largest full-service restaurant holding company in the United States. The property is located within the Chicago MSA.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- 10 years remaining on the current lease term
- Three 5‑year extension options
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
370k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Groceries 22%
Apparel 12%
Home Improvements & Furnishings 10%
Mariano's
Groceries
52,684 visits/mo
0.2 miles
Raising Cane's Chicken Fingers
Dining
45,401 visits/mo
0.2 miles
T.J. Maxx
Apparel
45,193 visits/mo
0.2 miles
HomeGoods
Home Improvements & Furnishings
36,585 visits/mo
0.2 miles
Cooper's Hawk Winery & Restaurant
Dining
34,435 visits/mo
0.0 miles
Demographics for 60803, IL
22,189
Population
9,563
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
88%
High-School Grad
7.8 sq mi
ZIP Area
2,845
Density / Sq Mi
$66,555
Median Household Income
$42,245
Median Earnings
$1,113
Median Rent
$200,600
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?
NNN property - Corporate-guaranteed occupancy is supported by a long-term lease with no landlord responsibilities.
Where is this nnn property located?
The property is located at 4839 W 111th Street Alsip, IL.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; 10 years remaining on the current lease term; Three 5‑year extension options
