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Naper LP Leases 3,163 Square Foot Space To U Sushi Club Rotary Sushi Bar In Naperville

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LEASED

Illinois

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Retail3,163 SF
Leased 12/04/2024
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Property Image
LEASED

Naper LP Leases 3,163 Square Foot Space To U Sushi Club Rotary Sushi Bar In Naperville

175 Jackson Avenue

See Similar Deals
Retail3,163 SF
Leased 12/04/2024
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Summary

ILLINOIS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:3,163 SF
Transaction Type:Lease

The property asset involved is a retail space located at 175 Jackson Avenue in Naperville, featuring a total area of 3,163 square feet. This location serves as the new home for U Sushi Club Rotary Sushi Bar, situated in Riverwalk Plaza, an area known for its vibrant dining and shopping scene.

Summary of transaction details:

Michael Petrik and Rick Scardino of Lee & Associates represented the landlord, Naper LP, in the lease transaction for this second-floor restaurant space. Their involvement highlights the brokerage firm's engagement in securing tenants for the retail property, facilitating the entry of U Sushi Club into the market.

Players

Rick Scardino
21 deals$11.8M volume
BROKER

Michael Petrik
Lee & Associates
8 deals$3.5M volume
BROKER

Details

LEASED
IMAGE: Rick Scardino & Michael Petrik DATE: 12/04/2024 ADDRESS: 175 Jackson Avenue MARKET: Naperville ASSET TYPE: Retail ~ SF: 3,163 LANDLORD: Naper LP TENANT: U Sushi Club Rotary Sushi Bar BROKERS: Michael Petrik & Rick Scardino (@RickScardino) - Lee & Associates (@LeeAssociatesRE) NOTE: Lee & Associates secured a 3,163-square-foot restaurant lease for U Sushi Club Rotary Sushi Bar at Riverwalk Plaza in downtown Naperville. Michael Petrik and Rick Scardino represented the landlord, Naper LP, in the lease for the second-floor space.

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Deal Type
Effective Rent (Annual)

$181,301.25

Total Lease Value

$1,813,012.51

Net Landlord Cash Flow$181,301.25