28260 Diehl RdWarrenville, IL 60555
- Retail properties
- 7,069 SF
Property Details for 28260 Diehl Rd
- Year built
- 2001
- Lot size
- 1.34 AC
- Property size (Sq ft)
- 7,069 SF
- Zone code
- C
- Property type
- Retail properties
- Property subtype
- 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.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,876,296
- 6.5%
- $1,731,966
- 7%
- $1,608,254
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,808,522
- Geo Method
- $2,320,258
-
Alternative Use
- Use
- Valuation
- Residential
- $1,460,978
- Hospitality
- $1,338,248
- Educational
- $1,113,406
- Medical
- $1,151,698
- Retail
- $1,731,966














Location Insight
- City
- Warrenville
- County
- Dupage
- State
- Illinois
- Latitude
- 41.8041
- Longitude
- -88.1735
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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