$195K NOI | Sunrise Social Restaurant | Chicago MSA

Highlights:

• Outparcel to Chicago's #1 Retail Center: Algonquin Commons draws 5.2M+ annual visitors across its 60-plus stores and restaurants.
• 2007-Built Site, New Dec 2025 Restaurant: The 7,554 SF freestanding building on 1.36 acres welcomed the tenant’s grand opening in Dec 2025.
• 10-Year Lease with 6-Unit Restaurant Group: Savant Restaurant Group signed a brand-new 10-year NNN lease backed by personal guarantees.
• Contractual Rent Growth Through 2035: 3% annual increases lift base rent from $194,516 today to $246,406 by the final lease year.
• Landlord-Friendly Triple-Net Lease Terms: Tenant carries all responsibilities besides roof and structure, limiting landlord’s obligation.
• Affluent, Densely Populated Trade Area: The trade area holds 150,159 residents and a $154,211 average household income within 5 miles.

Description:

For more information visit:
https://rimarketplace.com/auction/3470/retail/algonquin/il?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=november18_2026&utm_content=retail_3470

Brokered by Friedman Real Estate and powered by RealINSIGHT Marketplace, 2561 County Line Rd in Algonquin, IL is a single-tenant restaurant outparcel to Algonquin Commons, the #1 visited retail center within a 15-mile radius with 5.2M+ annual visitors. The 7,554 SF freestanding building, built in 2007 on a 1.36-acre lot, recently welcomed Sunrise Social Cafe's relocation and December 2025 grand opening, with direct frontage along Randall Road (±34,000 VPD). The asset is secured by a brand-new 10-year, triple-net (NNN) lease with 3% annual rental increases to Savant Restaurant Group, Inc., a six-unit Chicago-metro operator, backed by personal guarantees and with the tenant responsible for roof and structure. The lease's built-in escalations grow base rent from $194,516 today to $246,406 by the final lease year, delivering contractual income growth over the full hold period. The surrounding trade area is dense and affluent, with 150,000+ residents and $154,000+ in average household income within 5 miles, and sits along the Randall Road corridor, the premier shopping, dining, and entertainment district in Chicago's northwest suburbs, with Lennar's incoming ±250-home Algonquin Meadows community adding further rooftop growth nearby.

Location
Located at 2561 County Line Rd along Randall Road in Algonquin, IL, the asset sits as an outparcel to Algonquin Commons, steps from Trader Joe's, Barnes & Noble, Ashley HomeStore, and Crumbl Cookies. Randall Road carries ±34,000 vehicles daily, and the site is roughly 40 miles northwest of downtown Chicago within the broader Chicago-Naperville-Elgin metropolitan area.


Bidding Opens
Nov 17 1:00 AM
Bidding Closes
Nov 19 1:00 AM

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