28260 Diehl Rd Warrenville, IL 60555-3847

Property Details for 28260 Diehl Rd

Year built

2001

Lot size

1.34 lot acres

Property size

7,069 SF

Zone code

C

Property type

Turn key restaurants

APN

07-02-400-025

APU

702400025

Description

This exceptional investment opportunity presents a freestanding Red Robin Gourmet Burgers and Brews restaurant located at 28260 Diehl Rd, Warrenville, IL 60555. The property boasts 6,603 square feet on a 1.34-acre lot and is situated in a strong mixed-use corridor with high visibility from Diehl Road (36,986 vehicles per day) and proximity to major roadways including Interstate 88 (150,010 VPD). Built in 2001, this single-story building benefits from an absolute NNN lease with a corporate guarantor, Red Robin, a nationally recognized brand with over 500 locations and $1.3 billion in revenue. The lease has a remaining term of 7.9 years and includes a 10% rent increase in 2026, ensuring consistent income growth. The property currently enjoys 100% occupancy and offers a compelling cap rate of 7.25% at an asking price of $3,450,000 ($522.49/sq ft). The location benefits from strong demographics, including a $170,000 average household income within one mile, and is within the Illinois Technology and Research Corridor, home to over 90,000 employees. Nearby amenities include Target, Cinemark, and a 242-unit multifamily development, further enhancing the property's value and appeal. This is a rare opportunity to acquire a well-established, high-performing restaurant in a thriving Chicago suburb with a population of 9.6 million. The property offers a secure, passive income stream with significant upside potential.

Location Insight

City

Warrenville

County

Dupage

State

Illinois

Longitude

-88.1735

Latitude

41.8041

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments