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825 W Higgins Rd
Schaumburg, IL 60195
Fully Equipped Pizzeria & Grill · Property To Rent
PROPERTY FACTS
| Property Type | Retail | Total Land Area | 4.59 ac |
| Property Subtype | Standalone | Year Built/Renovated | 1980/2015 |
| Net Internal Area (NIA) | 50,860 sq ft | Parking Allocation | 5.9/1,000 sq ft |
| Property Type | Retail |
| Property Subtype | Standalone |
| Net Internal Area (NIA) | 50,860 sq ft |
| Total Land Area | 4.59 ac |
| Year Built/Renovated | 1980/2015 |
| Parking Allocation | 5.9/1,000 sq ft |
ABOUT THE PROPERTY
Currently operating as a Mediterranean style pizzeria and grill. Offering freshly baked pizzas, falafel, sandwiches and more. Plus, fresh squeezed juices, smoothies, ice cream and sorbet. Fully equipped open kitchen with all new equipment in pristine condition: 13' Hood, Blodget double deck pizza oven, 6 burner stove w/oven, 3' char grill w/stand, deep fryers, commercial microwave, slicers, dough sheeter, 60qt mixer, commercial blenders, rice cooker, stainless juicer, 2-door refrigerated sandwich unit w/cutting board, single door reach-in refrigerator, 8'x6' walk-in refrigerator, 5'x5' walk-in freezer, ice cream freezer, ice machine, flat screen kitchen order monitors, POS system, 5 flat screen TV menu boards, surround sound speaker system & more. Newly built out, bright, clean and modern space, including the kitchen. Simple operation - counter service. Dine in and carry out. Prime retail space in a busy shopping plaza with ample parking at one of the busiest intersections in the area. Other popular tenants include a grocery store, Mexican restaurant, sub shop and more. Surrounded by a densely populated commercial and residential area. Large high school is also close by! Year Restaurant Established: 2015 Leased space $4,500/mth includes rent, CAM, insurance and taxes. Current lease expires in Apr 2020 with five 5-year options. Square Feet: 1,800 Seating: 54 Days/Hrs of Operation: Mo-Th 10:30a-9:30p & Fr 10:30a-10:30p & Sa 11a-10:30p & Su 11a-9:30p Value of FF&E: $100,000 Competition/Market: Great location with frontage on two major roads. Also convenient with an easy in and out for traffic. Excellent demographics. Competition is minimal. Good reviews on Google, Facebook and Yelp - solid reputation to continue to build upon. Growth & Expansion: Loads of potential for a new owner and/or concept in this idea location that is already built out and fully equipped. Also would greatly benefit from advertising and offering delivery service. The current owner is not well versed in restaurants as it is a secondary business. Assets also for sale - $99,000. A great opportunity for a new owner to re-concept or build off the current concept. Family owned and operated. Highly confidential listing, please do not discuss with employees or patrons. Listed by Ted Aretos at EatZ & Associates
- Pylon Sign
- Signage
