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$6,000,000
Est. payment /mo
5,150 SqFt
UPDATED:
01/29/2025 06:07 AM
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 5,150 sqft
Price per Sqft $1,165
MLS Listing ID 12271159
Year Built 2023
Annual Tax Amount $4,000
Tax Year 2023
Lot Dimensions 267458 SQ FT
Property Description
Unlock a premium investment opportunity with Rosati's 5147 Pagano Court, a state-of-the-art, full-service restaurant situated at the highly trafficked intersection of I-270 and Route 111. This property is anchored by a 20-year NNN lease with 2% annual rent escalations, offering stable and predictable cash flow backed by one of the nation's most trusted pizza franchises. Key Highlights: 7.75% CAP Rate: High-yield returns for investors seeking consistent income. Strong Corporate Tenant: Rosati's Pizza, with over 200 locations nationwide, delivers exceptional brand recognition and financial stability. Enterprise Zone Benefits: Significant tax incentives and growth opportunities in a thriving industrial corridor with nearby Amazon distribution hubs. Prime Location: Positioned in a rapidly developing area experiencing a 5% increase in vehicle traffic since 2021. Projected to surpass 2.1 million in Gross sales this year, this proven performer offers unparalleled investment security in a growth-driven market. Don't miss the chance to capitalize on a premium asset delivering low-risk, high-yield returns..
Location
State IL
County Madison
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Listed by Shams Siddiqui • Results Realty ERA Powered
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Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959