7600 Barrington Rd, Hanover Park, IL 60133-2213

This exceptional investment opportunity presents a single-tenant, net-leased Sweet Basil Café in Hanover Park, IL. Boasting an 8% cap rate and a strong NOI of $129,485, this 5,150 square-foot restaurant sits on a 0.76-acre lot within the grocery-anchored Westview Center shopping mall. The 11-year lease, commencing November 9, 2024, and expiring November 30, 2035, includes two five-year renewal options with built-in rent escalations. The property benefits from its high-traffic location on Barrington Road (31,800 vehicles per day), near major thoroughfares Irving Park Road (IL 19) and IL 390. Situated in a densely populated area with a high average household income ($118,320 within five miles), the property enjoys proximity to numerous national retailers including Tony's Fresh Market, DD's Discounts, Menards, Walmart, and more. Built in 1990, the building features a roof warranty extending to 2042, minimizing landlord responsibilities. This prime location, coupled with a long-term lease and strong tenant, makes this a compelling investment opportunity within the Chicago MSA. The property's location within a thriving retail corridor, combined with the established brand recognition of Sweet Basil Café, ensures a stable and potentially appreciating asset. The lease terms provide for predictable income growth, making this a low-risk, high-reward investment. Detailed lease terms are available upon request.