Commercial Real Estate in Sauk Village available for sale
Sauk Village Drive Through Restaurants For Sale

Drive Through Restaurants for Sale within 10 kilometers of Sauk Village, IL, USA

More details for 7951 Calumet Ave, Munster, IN - Retail for Sale

7951 Calumet Ave

Munster, IN 46321

  • Drive Through Restaurant
  • Retail for Sale
  • $14,249,767 CAD
  • 45,445 SF
See More
More details for 17852-17860 Halsted St, Homewood, IL - Retail for Sale

Shoppes at Washington Park Plaza - 17852-17860 Halsted St

Homewood, IL 60430

  • Drive Through Restaurant
  • Retail for Sale
  • $6,006,236 CAD
  • 7,019 SF
See More
More details for 141 W Lincoln Hwy, Schererville, IN - Retail for Sale

Peoples Bank - 141 W Lincoln Hwy

Schererville, IN 46375

  • Drive Through Restaurant
  • Retail for Sale
  • $6,586,658 CAD
  • 9,410 SF

Schererville Retail for Sale - Indiana

LEASE This is an absolute NNN lease with 14 years remaining, guaranteed by a publicly traded company. The Tenant is Peoples Bank, guaranteed by Finward Bancorp. Rent increases 2.00% annually and Tenant has no renewal options remaining. The lease was originally structured as a sale/leaseback to a private equity fund, so it has been written to the highest possible standards. This can be owned and managed from anywhere in the world. PROPERTY The Property consists of a two-story ± 6,440 SF building with an additional ± 2,970 SF basement on 1.10 acres. The first floor is used as a traditional retail banking branch. The second floor is used for office space for mortgage, commercial, and wealth management officers and support staff. The basement is used as a break room and storage area. The large lot consists of 38 parking spaces with a three-teller lane drivethru plus a freestanding ATM drive-thru. The site offers excellent visibility along Highway 30 (41,414 VPD) with easy access from a signalized intersection. There is an unobstructed monument sign on Highway 30, offering excellent curb appeal and exposure. This location has a huge deposit base of ± $146M with 41,414 vehicles passing the property daily. TRADE AREA Schererville is part of the 9.5 million person Chicago MSA, located only 30 miles southeast of Chicago’s CBD, on the Indiana side. This is one of the fastest growing areas of Chicago and Indiana as many Illinois residents are moving to Indiana to take advantage of lower taxes and easy commuting to Chicago via the METRA train system and numerous highways serving the Schererville area. Money Magazine recently ranked Schererville “One of the 100 Best Places to Live in the US” due to the high quality of living, low crime rates, and excellent Lake Central School System.

Contact:

Northmarq

Property Subtype:

Bank

Date on Market:

2025-02-25

Hide
See More
More details for 1902-1908 US 41 Hwy, Schererville, IN - Land for Sale

Shops on 41 Outlot Land Parcel - 1902-1908 US 41 Hwy

Schererville, IN 46375

  • Drive Through Restaurant
  • Land for Sale
  • 0.63 AC Lot
See More
More details for 15 S Orchard Dr, Park Forest, IL - Retail for Sale

Walgreens - 15 S Orchard Dr

Park Forest, IL 60466

  • Drive Through Restaurant
  • Retail for Sale
  • $1,299,163 CAD
  • 13,905 SF
See More
More details for 20900 S Western Ave, Olympia Fields, IL - Retail for Sale

Vacant Bank Branch (1.86-Acre Parcel) - 20900 S Western Ave

Olympia Fields, IL 60461

  • Drive Through Restaurant
  • Retail for Sale
  • $854,713 CAD
  • 5,560 SF
See More

Drive Through Restaurants For Sale

Drive Through Restaurants

A drive-thru restaurant is a type of fast food establishment that provides customers with the ability to order and receive their meal while still in their car. This type of restaurant has been on the rise in recent years with an increase in demand for quick, mobile-friendly food options.

The majority of drive through restaurants are located on or near busy streets, making them easy for drivers to access. This accessibility can be attractive to investors as it will increase potential revenues by attracting more customers without extensive advertising costs.

Why should you buy a restaurant with a drive through as an investor?

There are many reasons to invest in a drive through restaurant. These restaurants can be profitable if they're modeled correctly and managed well. You need to consider several things when investing in a drive-through restaurant, such as location and demographics, before deciding whether or not it's right for you

The first thing that needs consideration is where your potential business should be located. A major factor here is population density - what does the neighborhood look like? Is there plenty of foot traffic on any given day? If so, this would mean more customers for the restaurant! You also want to make sure there are no competing businesses nearby that may lure away your customer base; try looking at some other areas of town with less competition and underserved population.

What are the costs of buying a drive through restaurant?

The costs to consider include the cost of the building, renovations or repairs and upgrades needed in order to do business. There may be additional fees such as franchise fees, permits, licensing. Talk to your broker about additional costs.

The cost for a commercial property itself will vary depending on the size and location; a building might cost more than one near a busy highway interchange with high traffic volume. The price per square foot also varies significantly by location.

How to make your purchase profitable and sustainable in the long run.

Purchasing a profitable drive-through restaurant requires careful research and consideration of what is needed in the area.

You will need to consider the most profitable drive-through locations, deciding if you want a single site or plan on multiple sites.

Consideration should be given to both established restaurants with traffic volumes that meet your needs as well as those which are under-performing but have potential for time and money investment to increase revenues.

Is it worth it for you to buy a drive thru restaurant now?

Right now is a a great time to invest in a drive through restaurant.

As of 2021, Interest rates are low and there is less competition for properties, which means you can get the property for less money than if you buy it later on down the road when prices and interest rates may increase. Additionally, now would be a good time to buy because people need convenient and safe food options during tough economic times.

Looking to lease a Drive Through Restaurant? View Drive Through Restaurants for lease