Outback Steakhouse
$3,270,000
2805 Mannheim Road, Des Plaines, IL 60018
For Sale
Retail
Active
Last Updated: 09/15/2025
5.5
Cap Rate
180,000
NOI
Details:
Cap Rate: 5.5%
NOI: $180,000
Lot Area: 1.29 acres
Occupancy: 100%
Lease Type: Absolute Net
Tenancy: Single
Highlights:
- ABSOLUTE NNN GROUND LEASE | ZERO LANDLORD RESPONSIBILITIES
- DENSE & AFFLUENT DEMOGRAPHICS
- MAJOR TRAFFIC DRIVERS
- BRAND-NEW CONSTRUCTION | LONG TERM LEASE
- EXCELLENT VISIBILITY
Description:
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in 1.29 acres of land containing a newly constructed 5,000 square foot Outback Steakhouse restaurant in the Chicago MSA. Outback Steakhouse is operating on an absolute net ground lease with term through 2039.
Documents:
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Offering Memorandum
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Location
Gallery
