Log In/Sign Up
Your email has been sent.
S2 Express Net Leased Investment 7120 W 159th St 2,690 SF Retail Building Orland Park, IL 60462 $1,228,410 CAD ($456.66 CAD/SF) 8.52% Cap Rate
INVESTMENT HIGHLIGHTS
- Net Leased Investment
- Tenant Operates 11 Stores in Chicagoland
- Located in a Major Shopping & Business Distrcit
- Virtually No Landlord Responsibility
- 10% Base Rent Increase 6/2026
- Newly Remodeled in 2021
EXECUTIVE SUMMARY
Net leased investment property for sale. The Tenant S2 Express grill operates 11 successful restaurants in the Chicagoland area. Lease is triple net with virtually no landlord responsibilty. Ten year Lease. Start date 5/2021. Base rent increases to $82,500 on June 1, 2026
S2 Grill was founded in 2019 by Andre and Suheir Williams as an extension of their popular nightlife venue - S2 Ultra Bar in Calumet Park, IL. During the course of relocating, they received so much positive feedback from customers via social media about their food that the next logical step was to open a restaurant instead, where people could continue to enjoy their cuisine and so S2 Express Grill was born.
S2 Grill was founded in 2019 by Andre and Suheir Williams as an extension of their popular nightlife venue - S2 Ultra Bar in Calumet Park, IL. During the course of relocating, they received so much positive feedback from customers via social media about their food that the next logical step was to open a restaurant instead, where people could continue to enjoy their cuisine and so S2 Express Grill was born.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,690 SF
Building Class
C
Year Built
1999
Price
$1,228,410 CAD
Price Per SF
$456.66 CAD
Cap Rate
8.52%
NOI
$104,694 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.56 AC
Zoning
BIZ - General Business District
Parking
30 Spaces (11.51 Spaces per 1,000 SF Leased)
Frontage
43’ on 159th St
AMENITIES
- Pylon Sign
- Restaurant
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 28-18-300-010-0000 | Improvements Assessment | $147,069 CAD |
| Land Assessment | $63,359 CAD | Total Assessment | $210,428 CAD |
PROPERTY TAXES
Parcel Number
28-18-300-010-0000
Land Assessment
$63,359 CAD
Improvements Assessment
$147,069 CAD
Total Assessment
$210,428 CAD
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
S2 Express Net Leased Investment | 7120 W 159th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.