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Historic Bar/Restaurant w/ Gaming & LiveMusic 1715 W Roosevelt Rd 4,400 SF of Retail Space Available in Broadview, IL 60155
SUBLEASE HIGHLIGHTS
- ***ASKING $299K FOR THE EQUIPMENT + LICENSES; 4400 SF second generation bar/restaurant, located on Roosevelt, just West of 17th Street in Broadview
- Existing kitchen includes an 8ft hood with black iron, ansil system, grease trap, hand sink, and three compartment sink
- Front space features six gaming machines, long front bar, multiple dining areas, large dance floor, stage and two bathrooms
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,400 SF | Negotiable | $23.80 CAD/SF/YR $1.98 CAD/SF/MO $104,722 CAD/YR $8,727 CAD/MO | Triple Net (NNN) |
1st Floor
***ASKING $299K FOR THE BUSINESS EQUIPMENT, LICENSES AND TRADEMARK. 4400 SF second generation bar/restaurant, located on Roosevelt, just West of 17th Street in Broadview. Surrounded by dense residential buildings, heavy traffic and ideal for a new restaurant tenant that wants live music. Front space features six gaming machines, a long front bar, multiple dining spaces with another smaller bar, large dance floor, stage and two bathrooms with multiple stalls in each. Financials for the gaming is available upon request. Existing kitchen includes an 8ft hood with black iron, ansil system, grease trap, hand sink, and three compartment sink. Built in audio; unfinished basement; security system throughout; large parking lot in the rear; Licenses include Incidental Liquor, Retail Food and PPA Licenses; 2.5 Miles to the Forest Park Blue Line Train Station, plus easy access to I-290, Lake Shore Drive, and multiple bus stops. Area tenants include: Broadview Animal Hospital, United States Postal Service, Dunkin Donuts, Broadview Hardware, multiple restaurants and much more! Mayor – Katrina Thompson / Broadview Zoning – C-1 (Roosevelt Rd Commercial) PLEASE DO NOT DISTURB EMPLOYEES AND DO NOT GO WITHOUT SPEAKING TO LISTING AGENT
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,400 SF | Gross Leasable Area | 4,400 SF |
| Property Type | Retail | Year Built | 1949 |
| Total Space Available | 4,400 SF |
| Property Type | Retail |
| Gross Leasable Area | 4,400 SF |
| Year Built | 1949 |
ABOUT THE PROPERTY
4400 SF second generation bar/restaurant, located on Roosevelt, just West of 17th Street in Broadview. Surrounded by dense residential buildings, heavy traffic and ideal for a new restaurant tenant that wants live music. Front space features six gaming machines, a long front bar, multiple dining spaces with another smaller bar, large dance floor, stage and two bathrooms with multiple stalls in each. Financials for the gaming is available upon request. Existing kitchen includes an 8ft hood with black iron, ansil system, grease trap, hand sink, and three compartment sink. Built in audio; unfinished basement; security system throughout; large parking lot in the rear; Licenses include Incidental Liquor, Retail Food and PPA Licenses; 2.5 Miles to the Forest Park Blue Line Train Station, plus easy access to I-290, Lake Shore Drive, and multiple bus stops. Area tenants include: Broadview Animal Hospital, United States Postal Service, Dunkin Donuts, Broadview Hardware, multiple restaurants and much more!
NEARBY MAJOR RETAILERS
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Historic Bar/Restaurant w/ Gaming & LiveMusic | 1715 W Roosevelt Rd
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