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DosBros Fresh Mexican Grill Signs Lease For Retail Space In Algonquin, IL
LEASED
Illinois
See Similar DealsRetail2,477 SF
Leased 10/18/2023
LEASED
DosBros Fresh Mexican Grill Signs Lease For Retail Space In Algonquin, IL
501 East Algonquin Road
See Similar DealsRetail2,477 SF
Leased 10/18/2023
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:2,477 SF
Transaction Type:Lease
The transaction involved a lease agreement for a retail property located at 501 East Algonquin Road in Algonquin, IL. The property spans across 2,477 square feet and is situated in a strip center.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not mentioned
- Address: 501 East Algonquin Road
- Market: Algonquin
- Landlord: Zurich Partners, LLC
- Tenant: DosBros Fresh Mexican Grill
- Landlord's Representative: Michael Petrik & Rick Scardino - Lee & Associates
- Tenant's Representative: Chuck Whitlock - Baum Realty Group
The lease agreement was negotiated by Lee & Associates on behalf of the landlord, Zurich Partners, LLC. DosBros Fresh Mexican Grill, a growing chain, will repurpose a former convenience store within the strip center. Representing the tenant, Chuck Whitlock of Baum Realty Group played a key role in the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$141,980.15
Total Lease Value
$1,419,801.45
Net Landlord Cash Flow$141,980.15
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